What is Actnano?
Founded in 2012 and headquartered in Cambridge, Massachusetts, Actnano develops and applies water and environmental resistant nanocoating technologies. These protective coatings can be applied directly to connectors, antennas, LEDs, and high heat-generating components, offering electronics manufacturers unprecedented safeguarding for their devices. The company's technology is pivotal for enhancing device durability and performance in demanding environments.
How much funding has Actnano raised?
Actnano has raised a total of $92.2M across 7 funding rounds:
Multiple Rounds
$22.1M
Debt
$293K
Series B
$21.8M
Other Financing Round
$8M
Other Financing Round
$40M
Debt (2020): $150K with participation from PPP
Unspecified (2020): $10M, investors not publicly disclosed
Series A (2020): $12M supported by GC Ventures America, Material Impact, Ireon Oil, Emerald Technology Ventures, and Henkel Tech Ventures
Debt (2021): $293K featuring PPP
Series B (2022): $21.8M backed by Material Impact, Ireon Ventures, Emerald Technology Ventures, TDK Ventures, Henkel Tech Ventures, Porsche Ventures, BMW i Ventures, HELLA Ventures, and GC Ventures America
Other Financing Round (2022): $8M with participation from Henkel, BMW i Ventures, Porsche Ventures, and Liquidity Group
Other Financing Round (2024): $40M led by Anthelion Capital Holdings
Key Investors in Actnano
Anthelion Capital Holdings
Anthelion Capital Holdings is a growth-oriented investment platform that specializes in providing flexible capital and data science solutions to environmentally sustainable companies. The firm focuses on private credit and broadly syndicated bank loans, offering creative capital solutions that aim to unlock growth and value.
Henkel
Henkel is a German chemical and consumer goods company organized into three globally operating business units: Laundry & Home Care, Beauty Care, and Adhesive Technologies. The company does business worldwide and is headquartered in Düsseldorf, Germany.
Porsche Ventures
Porsche Ventures engages with top entrepreneurs across the globe through the company's offices in Europe, Silicon Valley, Israel and China. The company partners and invest in companies from early stage through growth, helping the company's founders accelerate by identifying and executing on relevant opportunities.
What's next for Actnano?
The recent major enterprise-level funding positions Actnano for accelerated growth and market expansion. This strategic investment is expected to fuel further research and development into novel nanocoating applications, enhance manufacturing capabilities, and broaden the company's global reach. Actnano's focus on sustainable and high-performance material science suggests a trajectory towards becoming a leader in protective coatings for the electronics industry, potentially enabling new product designs and improving the longevity of electronic devices across various sectors.
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