What is HZO?
HZO operates at the intersection of material science and industrial engineering, providing specialized nano-coating solutions that protect sensitive electronics from liquid and corrosive damage. The company's value proposition is rooted in its ability to deliver reliable, high-performance protection that is essential for the longevity of modern IoT, consumer electronics, and automotive systems. By combining proprietary processes with specialized capital equipment, HZO offers a scalable solution that addresses the critical need for durability in an era of increasingly complex electronic hardware. Their market position is bolstered by an extensive patent portfolio, allowing them to serve as a strategic partner to some of the world's largest manufacturers who prioritize product reliability and customer satisfaction.
How much funding has HZO raised?
HZO has raised a total of $164.6M across 7 funding rounds:
Private Equity
$3M
Private Equity
$3.6M
Series B
$20M
Private Equity
$15M
Debt
$28.3M
Private Equity
$24.6M
Unspecified
$70M
Private Equity (2011): $3M, investors not publicly disclosed
Private Equity (2013): $3.6M, investors not publicly disclosed
Series B (2014): $20M supported by VY Capital, Delta Electronics, Prudence Holdings, Harris & Harris Group, Inc., Iron Gate Capital, and TransLink Capital
Private Equity (2015): $15M, investors not publicly disclosed
Debt (2016): $28.3M, investors not publicly disclosed
Private Equity (2017): $24.6M with participation from Iron Gate Capital and Horizons Ventures
Unspecified (2019): $70M led by Cathay Bank
Key Investors in HZO
Horizons Ventures
A venture capital firm with over two decades of experience helping entrepreneurs transform startups into successful enterprises through active involvement and equity financing.
Delta Electronics
A global leader in power and thermal management solutions, providing critical infrastructure for industrial automation and energy management.
TransLink Capital
A Silicon Valley-based venture capital firm specializing in connecting technology companies with leading Asian multinationals to facilitate global expansion.
What's next for HZO?
Looking ahead, HZO is well-positioned to capitalize on the accelerating demand for ruggedized electronics across the industrial and medical sectors. The recent influx of capital will likely be directed toward further R&D initiatives, potentially focusing on next-generation coating materials that offer even greater environmental resistance. Furthermore, the company is expected to deepen its strategic partnerships with global manufacturers, leveraging its established presence in the IoT and automotive markets to drive further adoption of its protective technologies. As the company matures, the focus will likely shift toward operational efficiency and global market penetration, ensuring that HZO remains the primary choice for enterprises seeking to mitigate the risks associated with environmental exposure in electronic components.
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