Syndicate partners include Material Impact, Henkel Tech Ventures, GC Ventures and Ireon Ventures
Protective nanocoating company actnano today announced that it has raised USD 12 million in an oversubcribed Series A funding round. Emerald Technology Ventures led the round and was joined by Material Impact, as well as Henkel Tech Ventures, GC Ventures America (PTT Global Chemical) and Ireon Ventures (Motor Oil Hellas). The Boston (USA) based startup has commercialized Advanced nanoGuard™, a thin-film coating that protects PCB’s from water damage and harsh environmental conditions. Since its inception, actnano’s revolutionary gel-based waterproofing solution has been adopted by the world’s leading automotive and consumer electronics brands.