Our mission is development of top quality solutions based on new materials and exceptionally innovative coating technologies for climate neutrality and sustainable products.
Location: Latvia
Employees: 1-10
Total raised: $13.88M
Founded date: 2020
Investors 2
| Date | Name | Website |
| 11.04.2022 | The Untitl... | theuntitle... |
| - | Sunly | sunly.ee |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 22.12.2023 | Seed | $1.31M | - |
| 04.04.2023 | Grant | $10.92M | - |
| 14.03.2022 | - | $1.65M | - |
Mentions in press and media 18
| Date | Title | Description |
| 23.10.2024 | The EIC Scaling Club: A Launchpad for Europe’s Deep Tech Unicorns | In the heart of Athens, a new chapter in European innovation unfolded. The European Innovation Council (EIC) unveiled 72 new members to its Scaling Club, a prestigious assembly of deep tech scale-ups. This exclusive community now boasts ove... |
| 22.10.2024 | Latvian company Naco Technologies joins the EIC Scaling Club | Naco Technologies from Latvia has been selected to join the European Innovation Council’s (EIC) Scaling Club – an exclusive community of 120+ most promising European deep tech scale-ups. 72 new companies were enrolled in the Club and announ... |
| 02.09.2024 | Latvia’s emerging tech ecosystem | While still developing, Latvia's tech ecosystem shows promising signs of growth and potential. Despite challenges such as a slower public sector response and significant brain drain, initiatives like stock option policies, a startup visa, a... |
| 02.01.2024 | Latvian startup scene overview: December 2023 | 2023 has left the chat, adding 2024 as the new admin, and we can only guess what the new year will look like for Latvian startups. What we do know is that December delivered many happy startup news headlines. Funding raised, grants received... |
| 22.12.2023 | Riga-based Naco Technologies secures €1.2M in a pre-Series A round | Riga-based Naco Technologies secures €1.2M in a pre-Series A round 22 December, 2023, 10:07 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> Naco Technologies, a manufacturer of na... |
| 21.12.2023 | Naco Technologies secures €1.2 million pre-Series A to support green energy transition | Naco Technologies, an innovator in nano-coatings for green hydrogen systems, has announced the completion of a EUR 1.2 million pre-Series A funding round. The funding will go toward preparing to scale operations internationally, expanding i... |
| 02.11.2023 | Latvian startup scene overview: October 2023 | Your one and only startup scene overview, compiling everything hot in the local startup ecosystem, is here! In October, we celebrated BIG funding news, a pilot production plant opening, several startup product and feature launches, and more... |
| 06.10.2023 | Naco Technologies opens pilot production plant | Naco Technologies has opened a cutting-edge pilot production plant dedicated to coating hydrogen system components. The opening underscores Naco Technologies’ commitment to supporting the green hydrogen economy and marks a significant miles... |
| 03.10.2023 | Latvian startup scene overview: September 2023 | What a month to be a part of the Latvian startup community! The first-ever Latvian Startup Awards crowned its winners, Latvian co-founded Avokaado nabbed a EUR 1.2M investment, Roibox was successfully acquired, and the local startup communi... |
| 11.09.2023 | First ever Latvian Startup Awards presented | This year, Startup Day saw the first ever Startup Awards presented to the best Latvian startups in eight categories. Seven winners were chosen by a jury formed by the Latvian Startup Association Startin.LV, while the eighth, the Community C... |
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