Titanium carbonitride nanoparticles have been produced in an inductively coupled thermal plasma and subsequently modified using a surfactant that has been deposited in situ on their surface in-flight. The surfactant was injected in the reactor while the nanoparticles are still dispersed in the gas phase, allowing the coating of primary particles instead of the corresponding agglomerates. In contrast to naked TiCN nanoparticles, the surfactant coated particles could be readily dispersed in water with a short ultrasonic treatment and built up no large agglomerates as proved by Photon Correlation Spectroscopy measurements. The investigated surfactants seem, however, to undergo a chemical modification and/or a thermal degradation at the surface of the TiCN nanoparticles.