actnano produces Advanced nanoGUARD™, a water- and environmental-resistant nanocoating applied to connectors, antennas, LEDs, and high heat‑generating components to protect electronics. Its scalable, turnkey solution integrates into existing manufacturing lines to enable broad adoption by electronics manufacturers. The company is positioned as a trusted partner to global automotive and consumer electronics OEMs and Tier‑1 suppliers, and ANG technology is already integrated into production vehicles and leading consumer devices. actnano emphasizes that its coatings are safe, non‑toxic, environmentally friendly, and outperform traditional conformal coatings. The company plans to use proceeds from the recent financing to expand its technical sales and services footprint and to increase production volumes and efficiencies to meet global demand. The articles note growing adoption across applications and industries, including sustainable energy use cases. Actnano develops surface protection technologies applied to connectors, antennas, LEDs, and high-heat generating components for automotive and consumer electronics. Its gel-state advanced nanoGUARD is used in smartphones, automobiles, home security systems and other consumer electronics. The company reports its technologies are protecting electronics on over 2 million production vehicles, including 80% of EVs in North America. Actnano emphasizes worker and environmental health and safety in its protection technologies. The company plans continued research and development to stay ahead of customers’ changing needs and ongoing global expansion into key automotive markets such as Germany, Korea and Japan. It is described as a global leader in surface protection technologies for automotive and consumer electronics. actnano commercializes Advanced nanoGUARD, a water- and environmental-resistant nanocoating technology for protecting electronics in automotive and consumer devices. Its coatings can be applied directly to connectors, antennas, LEDs and high-heat components and integrate into existing manufacturing lines as a scalable, turnkey solution. actnano’s nanoGUARD technologies are protecting electronics on over 2 million production vehicles, including 80% of EVs in North America, and are used in many leading consumer devices. The company describes its coatings as safe, non-toxic, environmentally friendly and higher performing than traditional alternatives in harsh conditions. actnano will use the new capital to expand its global sales and technical teams and to ramp up production to meet increased demand. Customers and partners include global automotive and consumer electronics OEMs and Tier‑1 suppliers. actnano commercializes Advanced nanoGuard™ (ANG), a wet nanocoating that can be applied directly to connectors, antennas, LEDs and high-heat components to provide water and environmental resistance. Its coatings are electrically insulating yet allow electrical connection through the coating, enabling protection of connections that previously had to remain uncoated. The ANG technology is sold as a scalable, turnkey solution that integrates into existing manufacturing lines and is already integrated into production vehicles and leading smartphones. actnano counts global automotive, electric vehicle and consumer electronics OEMs and Tier‑1 suppliers as customers and is expanding its automotive customer base with OEMs in Germany, Japan and Korea. The company emphasizes that its coatings are human-safe, non-toxic and environmentally sustainable compared with many incumbent technologies. Recently the company completed an oversubscribed $12M Series A to support its next phase of growth and market adoption.

Total raised

$82M

Funding rounds

4

Latest round

Equity

Latest activity

Apr 2024