What is Forge Nano?
Forge Nano operates at the intersection of material science and industrial manufacturing. By leveraging its Atomic Armor technology, the company provides sophisticated surface engineering services that modify raw materials atom-by-atom. This process significantly improves the durability, conductivity, and overall performance of products, making it a critical component for sectors ranging from energy storage to semiconductor fabrication. As the company matures, its market position has shifted from early-stage development to a key enterprise-level provider of high-performance material solutions.
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, Ascent Funds Management, and Kanawha Capital Management
Series D (2025): $40M featuring Ascent Funds Management and The Rock Creek Group
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 transition.
Catalus Capital
Catalus Capital is a multi-strategy investment firm focusing on energy storage and lower middle market buyout co-investments with a disciplined, collaborative approach.
What's next for Forge Nano?
With this major enterprise-level funding, Forge Nano is well-positioned to accelerate its operational footprint and deepen its R&D capabilities. The strategic capital will likely be deployed to expand production capacity for its Atomic Layer Deposition platforms, meeting the rising demand for high-performance materials in the battery and renewable energy sectors. By maintaining its focus on Industry 5.0 innovation, Forge Nano is set to solidify its leadership in surface engineering, potentially paving the way for future public market entry or further strategic partnerships.
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