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

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...

ABN AMRO Expands Access to Crypto Investments

The bank now offers clients direct access to cryptocurrency.Highlights: ABN AMRO now allows clients to invest in cryptocurrency...

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...