What is HZO?
HZO operates as a global leader in the development and application of world-class protective nano coatings. By integrating advanced material science with specialized capital equipment, the company provides essential safeguards for electronics operating in harsh, corrosive, or liquid-intensive environments. Its market position is defined by a robust patent portfolio and deep-rooted partnerships with industry titans across the medical device, automotive, and consumer electronics sectors.
The company's value proposition centers on reducing product failure rates and enhancing brand reliability for its clients. By mitigating the risks associated with environmental exposure, HZO enables manufacturers to deliver more durable, water-resistant products, thereby driving significant improvements in customer satisfaction and long-term product lifecycle management.
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 Delta Electronics, Iron Gate Capital, Prudence Holdings, Harris & Harris Group, Inc., TransLink Capital, and VY 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
Delta Electronics
A global leader in power and thermal management solutions, providing critical infrastructure for industrial and energy sectors.
Iron Gate Capital
A venture capital firm designed by entrepreneurs for entrepreneurs, utilizing a deal-by-deal model to support diverse asset classes.
Horizons Ventures
A seasoned investment partner with over two decades of experience helping entrepreneurs transform visionary startups into successful, scalable enterprises.
What's next for HZO?
With the recent infusion of capital, HZO is well-positioned to deepen its penetration into high-growth verticals such as the Internet of Things (IoT) and advanced automotive systems. The strategic focus will likely shift toward scaling its manufacturing processes and expanding its global footprint to meet the increasing demand for ruggedized electronic components. As the industry moves toward more complex and miniaturized hardware, HZO's ability to provide reliable, thin-film protection will be a key differentiator in maintaining its competitive edge.
Future growth initiatives are expected to prioritize the commercialization of next-generation coating materials, further cementing the company's role as an indispensable partner in the global electronics supply chain. The firm remains focused on operational excellence and the continued expansion of its intellectual property, ensuring that it remains the standard-bearer for environmental protection in the electronics industry.
