What is Forge Nano?
Forge Nano operates at the intersection of material science and advanced manufacturing, utilizing its signature Atomic Layer Deposition (ALD) solutions to engineer surfaces at the atomic scale. By modifying the properties of raw materials, the company enhances product durability, efficiency, and performance. This technological edge has allowed Forge Nano to address critical challenges in sectors ranging from energy storage to semiconductors. As the company scales, its ability to provide end-to-end surface engineering solutions positions it as a vital partner for manufacturers seeking to optimize product lifecycles and performance metrics in an increasingly competitive global market.
How much funding has Forge Nano raised?
Forge Nano has raised a total of $123M across 4 funding rounds:
Series A
$20M
Debt
$3M
Series C
$60M
Series D
$40M
Series A (2016): $20M with participation from Townsend Capital, LLC
Debt (2017): $3M, investors not publicly disclosed
Series C (2024): $60M supported by Kanawha Capital Management, Catalus Capital, and Ascent Funds Management
Series D (2025): $40M featuring The Rock Creek Group and Ascent Funds Management
Key Investors in Forge Nano
Ascent Funds Management
Ascent Funds specializes in investing in advanced manufacturing and energy technologies, focusing on sectors such as semiconductors, renewable fuels, and batteries.
The Rock Creek Group
RockCreek is a global investment firm focused on integrating innovation into investment strategies to promote sustainability and energy innovation.
Catalus Capital
Catalus Capital is a multi-strategy investment firm focusing on energy storage and lower middle market buyout co-investments with significant structural flexibility.
What's next for Forge Nano?
With the successful closure of its latest financing round, Forge Nano is well-positioned to accelerate the commercial deployment of its Atomic Armor technology. The strategic capital will likely be directed toward expanding manufacturing capacity and deepening research into next-generation material applications. As the firm transitions into a more mature lifecycle stage, the focus will shift toward scaling operations to meet enterprise-level demand, fostering partnerships that integrate its surface engineering solutions into global supply chains, and maintaining its competitive advantage in the rapidly evolving landscape of Industry 5.0 and sustainable energy technologies.
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