Peak Nanosystems: Raises $25M in Funding

Peak Nanosystems Raises $25M in Funding

  • Peak Nanosystems, a Valley View, Ohio-based commercialization engine company for nanotechnology, raised $25m in funding
  • Squadron Capital provided the funding
  • The company intends to use the funds to accelerate larger scale production of optical lenses and developmental scale films for capacitors and specialty film applications
  • The parent company of Peak Nano Optics and Peak Nano Films, the company began a journey to commercialize GRIN optics in 2016
  • Peak Nano Optics invested over $30 million in a development and production facility near Cleveland, Ohio, that was commissioned in Q4 2020
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

NYSE Owner Strengthens Investment in Crypto Exchange OKX

Intercontinental Exchange enhances its portfolio with a significant move into cryptocurrency.Highlights: Intercontinental Exchange increases investment in crypto exchange...

Mastercard Launches Trust Layer for Agentic Commerce Transactions

New technology aims to enhance security and trust in digital commerce.Highlights: Mastercard's new Trust Layer aims to improve...

Revolut Files for U.S. Banking License, Expanding Operations

Fintech company aims to enhance its services in the competitive U.S. market.Highlights: Revolut has filed for a banking...

Payment Processor Silverflow Secures $40M Funding Boost

New investment aims to enhance payment solutions and expand market reach.Highlights: Silverflow raises $40M to improve payment processing...