actnano, Inc. Secures $40 Million Investment

April 5, 2024, 9:34 pm
actnano, Inc.
actnano, Inc.
Location: United States, Massachusetts, Cambridge
Employees: 51-200
Founded date: 2012
Total raised: $81.75M
Malden-based actnano, Inc., a pioneer in surface protection technologies for automotive, consumer, and industrial electronics, has closed a $40 million investment from Anthelion Capital. The company's cutting-edge solutions are trusted by top electronics OEMs and Tier-1 suppliers worldwide for advanced protection against water and harsh environmental conditions. With this funding, actnano plans to expand its technical sales and services reach, boost production volumes, and enhance efficiencies to meet the growing global demand for their product.

CEO Taymur Ahmad proudly declares that actnano's technology outshines all other electronics protection options available today. Their coatings are not only safe, non-toxic, and environmentally friendly but also outperform traditional conformal coatings used for electronics protection. Anthelion Capital's Co-Founder, Vusal Najafov, praises actnano as a leading innovator in the industry, with customer-focused product development driving rapid growth within existing clients and expanding into new applications and industries like sustainable energy.

Anthelion Capital, an investment and data science platform, supports environmentally sustainable companies with flexible capital solutions. They believe in promoting sustainability, reducing waste, and conserving resources to create a cleaner environment for future generations. Previous investors in actnano include big names like BMW i Ventures, Porsche Ventures, and TDK Ventures, highlighting the company's credibility and potential for growth.

actnano's Advanced nanoGUARD™ technology sets a new standard for electronics protection, offering water and environmental resistant nanocoating that can be applied directly on various components. This allows electronics manufacturers to comprehensively safeguard their devices for the first time. With a scalable solution that seamlessly integrates into existing manufacturing lines, actnano is well-positioned to expand its global footprint with leading automotive and consumer electronics manufacturers.

In conclusion, actnano's $40 million investment from Anthelion Capital signifies a significant milestone for the company as it continues to revolutionize electronics protection with its innovative and sustainable solutions. Their commitment to excellence and environmental responsibility sets them apart in the industry, paving the way for a brighter and more secure future for electronic devices worldwide.