What is Forge Nano?
Forge Nano is at the forefront of materials innovation, specializing in atomic-level surface engineering. Utilizing its Atomic Layer Deposition (ALD) solutions, the company meticulously engineers the surface of raw materials, atom by atom. This process significantly enhances material properties and boosts product performance across various applications. Forge Nano's end-to-end approach empowers clients to unlock the full potential of their materials, positioning the company as a leader in advanced manufacturing and material enhancement.
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 Catalus Capital, Kanawha Capital Management, and Ascent Funds Management
Series D (2025): $40M featuring Ascent Funds Management and The Rock Creek Group
Key Investors in Forge Nano
Catalus Capital
Catalus Capital is a multi-strategy investment firm established in 2011, focusing on energy storage and lower middle market buyout co-investments. The firm has successfully deployed over $300 million across 24 platforms and 69 transactions, emphasizing a disciplined and collaborative investment approach.
Kanawha Capital Management
Kanawha Capital Management, LLC specializes in simplifying financial lives through personalized planning and informed investing. The firm prioritizes the best interests of its clients, which include families, individuals, endowments, foundations, and retirement accounts.
Ascent Funds Management
Ascent Funds specializes in investing in advanced manufacturing and energy technologies, focusing on sectors such as semiconductors, renewable fuels, and batteries. They adopt a full partnership model, supporting companies from Round A funding to IPO.
What's next for Forge Nano?
With this substantial enterprise-level financing, Forge Nano is poised for accelerated growth and expanded market penetration. The strategic investment signals confidence in the company's unique Atomic Armor technology and its potential to disrupt traditional material science paradigms. Future endeavors will likely focus on scaling production capabilities, further research and development into novel material applications, and forging strategic partnerships to integrate their advanced solutions into a wider array of industries. This capital infusion is expected to fuel innovation and solidify Forge Nano's position as a key player in the advanced materials sector.
See full Forge Nano company page
