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

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...