NxLite, the manufacturer of air-stable, energy-efficient coatings for glass and polymeric substrates, announced the final close of its Series A financing, a $3.5 million debt facility from RSF Social Finance, and the appointment of technology supply chain leader Erin Sawyer to its board of directors.
The first close of the round was announced in October 2025 at $9.2 million. The final close brings the Series A to $13.1 million, oversubscribing the company’s original $10 million target, with capital arriving over a 120-day second-close window from new and existing investors. The round was led by Crabtree Lane Alt, LLC, with new investment from VoLo Earth Ventures and continued participation from Earth Foundry, MUUS, New Climate Ventures, ACT Venture Partners, and strategic investors in the door, window, and building industries. Alongside the equity round, NxLite secured the $3.5 million debt facility from RSF Social Finance to provide additional non-dilutive capital supporting manufacturing scale-up.
Since the first close, NxLite has been adding capacity and enhancing its full-scale manufacturing capability at its Advanced Innovation & Manufacturing Center in Canton, Michigan, while adding partnerships with major players across multiple use cases. Erin Sawyer, the company’s newest board member, is a Venture Partner at VoLo Earth Ventures who previously served as Vice President of Supply Chain at Wrightspeed and Group Manager of Core Technologies at Tesla, where she executed global sourcing strategies and drove cost reductions across the Model S and Model X platforms during their global scale-up.
KEY QUOTES:
“We are grateful to attract the capital and the caliber of leader joining our board in what can be a difficult financial market.”
“Investors who have watched us de-risk manufacturing, secure commercial agreements, and execute against our plan are leaning in further, with both their balance sheets and their time.”
David Mather, Chairman and CEO, NxLite
“NxLite has built a rare combination: validated technology, demonstrated manufacturing, and real customers under contract.”
“The company is positioned to capture a major opportunity in energy-efficient buildings, and the team has earned the conviction this round reflects.”
Jason Blumberg, Managing Partner, Earth Foundry
“What stood out about NxLite was its operational maturity.”
“They validated the technology, secured offtake agreements, and demonstrated production at full scale very early in the process. Companies that get the sequencing right are rare. I’m joining to help compress the timeline from here.”
Erin Sawyer, Venture Partner, VoLo Earth Ventures
