- 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