actnano: Raises $12M in Series A Funding

  • actnano, a Boston, MA-based provider of protective nanocoatings for Automotive & Consumer Electronics, raised $12M in Series A funding round
  • The round was led by Emerald Technology Ventures, joined by Material Impact, as well as Henkel Tech Ventures, GC Ventures America and Ireon Ventures
  • Then company intends to use the funds to expand its automotive customer base with OEMs in Germany, Japan and Korea
  • Led by Taymur Ahmad, CEO, actnano enables electronics protection with its commercialized water and environmental resistant coating technology
  • The company’s wet ANG coatings can applied directly on connectors, antennas, LEDs and high heat generating components
  • The company counts global automotive, electronic vehicle and consumer electronics OEMs and Tier-1 suppliers as customers
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...