actnano, a leader in surface protection technologies for automotive, consumer, and industrial electronics, announced the closing of a $40 million investment by Anthelion Capital.
actnano’s solutions are trusted globally by leading electronics OEMs and Tier-1 suppliers for providing advanced protection from water and harsh environmental conditions. The company will use the funding to continue to expand its technical sales and services footprint and to increase production volumes and efficiencies to meet the global demand for its product.
Previous rounds have included investments from BMW i Ventures, Porsche Ventures, HELLA Ventures, TDK Ventures, Emerald Technology Ventures, GC Ventures America, Henkel Tech Ventures, Ireon Ventures, and Material Impact.
actnano is driving a new standard for electronics protection with its water and environmental-resistant nanocoating technology Advanced nanoGUARD. And the company’s surface protection technologies can be applied directly on connectors, antennas, LEDs, and high heat-generating components, enabling electronics manufacturers to safeguard their devices for the first time comprehensively. Through a scalable and turnkey solution that seamlessly integrates into existing manufacturing lines, actnano is positioned to expand its global footprint with leading automotive and consumer electronics manufacturers. The company is now a trusted partner to global automotive and consumer electronics OEMs and Tier-1 suppliers as customers and investors. ANG technology is already integrated into production vehicles and leading consumer devices.
KEY QUOTES:
“Our technology outperforms all other electronics protection available in the industry today. Demand for our products has increased significantly because our coatings are safe, non-toxic, and environmentally friendly, and their performance surpasses that of traditional, outdated conformal coatings historically used for electronics protection.”
– Taymur Ahmad, CEO of actnano
“It is rare to find a company that has developed technologies which are truly better performing, cost-saving, and more environmentally sustainable compared to top market alternatives. actnano is a leading innovator in the space, with its customer-driven product development driving rapid scaling within core customers and adoption across multiple new applications and industries such as sustainable energy.”
– Vusal Najafov, Co-Founder, Anthelion Capital
