HZO has developed a patented coating technology that protects electronics from short-term submersion and broader exposure to liquids, oils, synthetic fluids, dust, dirt, and other hazardous materials. The solution can be applied to nearly any surface and has already been integrated into products ranging from a leading global tablet to a top-selling fitness tracker. HZO has engineered its process to fit directly into partners’ high-throughput manufacturing lines, enabling treatment of thousands of parts per day and supporting large-scale production. Management believes this capability opens an almost limitless addressable market across consumer electronics and industrial applications. The company continues to invest in technology that maximizes protection while minimizing manufacturing friction for OEM partners. Following its latest financing, Harris & Harris Group reports an approximately 15% ownership stake in the business, underscoring continued insider support. The recent capital raise strengthens HZO’s balance sheet and positions the company to accelerate commercial deployment and expand into new verticals.

Total raised

$60M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Apr 2019