Polymeric nanoparticles (NPs) have great application potential in science and technology. Their functionality strongly depends on their size. We present a theory for the size of NPs formed by precipitation of polymers into a bad solvent in the presence of a stabilizing surfactant. The analytical theory is based upon diffusion-limited coalescence kinetics of the polymers. Two relevant time scales, a mixing and a coalescence time, are identified and their ratio is shown to determine the final NP diameter. The size is found to scale in a universal manner and is predominantly sensitive to the mixing time and the polymer concentration if the surfactant concentration is sufficiently high. The model predictions are in good agreement with experimental data. Hence the theory provides a solid framework for tailoring NPs with a priori determined size. Polymeric nanoparticles (NPs) are gaining increasing attention because of their numerous applications in, for instance, physics, chemistry and medicine [1]. The NP size and size distribution are the key parameters often determining their functionality. Therefore, one of the main experimental challenges is to prepare NPs with well controlled dimensions tuned for a particular application. Models of NP formation, allowing one to steer the NP preparation process in the right direction, would simplify the size control significantly.A high level of control over particle size is required in, for example, targeted delivery (e.g., oncology). Size influences the circulating half lifetime and is crucial for selective cellular uptake: NPs between 50 and 200 nm in size are desired in passive cancer tumor targeting as they are too large to harm healthy cells but small enough to penetrate into the diseased ones. In brain imaging, fluorescent dye loaded particles of about 100 nm with biocompatible polymer coatings are used because they produce small, sharply defined injection sites and show no toxicity in vivo or in vitro [2][3][4].Although there are several methods for NP preparation, only few of them permit a high level of control on the particle size and the particle size distribution [2]. Often, a water insoluble moiety (e.g., a drug or a dye), needs to be encapsulated into a carrier polymer and protected by an emulsifying agent, which also makes the NP water soluble. In particular, the so-called nanoprecipitation method permits preparation of nearly monodisperse NPs in a very simple and reproducible way [5]. Typically, an organic phase, which is usually a dilute polymer solution, e.g., polycaprolactone (PCL) in acetone, plus the hydrophobic moiety to be encapsulated, e.g., a drug or a fluorescent dye, is injected by pressure into an aqueous solution of the emulsifying agent, Fig. 1(a). As the organic solvent is chosen to be water-miscible, rapid quenching (towards poor solvent conditions) of the hydrophobic polymer and the drug in water takes place. This results in coalescence of the polymer and the drug into submicron particles decorated by surfactant [2,6]. Alternatively, a block copo...