# Actnano

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/actnano

- Industry: Materials
- Headquarters: Cambridge, US
- Website: www.actnano.com
- Total disclosed funding: $70M
- Latest round: Series C (Mar 28, 2024)
- Investors on record: 12

## About

Based in Massachusetts, US, and founded in 2012 by co-founders Taymur Ahmad and Anthelion Capital, Actnano Inc. operates as a provider of nanotechnology solutions that make products water-resistant to IPx7 levels. In March 2024, Actnano Inc. raised USD 32.08 million in Series C funding led by Anthelion Capital. The Series C funding values Actnano Inc. at USD 111.72 million post-money. 

Actnano Inc. developed a product known as nanoGUARD, which is a fluorine-free, thin-film coating that provides protection for printed circuit board assemblies (PCBAs) and other electronic components. Its coating prevents entrapment and maintaining signal integrity. The company’s nanoGUARD is capable of meeting IPx8 protection levels, making it water-resistant, humidity, condensation, salt, and other environmental threats. In addition, the firm’s product serves various industries including electronics, consumer devices, medical equipment, solar photovoltaic systems, industrial electronics, and optical applications.

## Funding rounds

- Series C, Mar 28, 2024, $40M — Anthelion Capital
- Series B, Nov 9, 2021, $18M — Emerald Technology Ventures, BMW i Ventures, Material Impact Fund, Henkel Ventures, HELLA Ventures, Porsche Ventures, TDK Ventures, IREON Ventures, PTT Global Chemical Public Company Limited
- Series A, Aug 5, 2020, $12M — Emerald Technology Ventures, Henkel AG & Co. KGaA, Material Impact Fund, IREON Ventures, GC Ventures

## Investors

- Emerald Technology Ventures (https://capitalatlas.ai/funds/emerald-technology-ventures) — Series A, Series B
- Henkel AG & Co. KGaA — Series A
- Material Impact Fund (https://capitalatlas.ai/funds/material-impact-fund) — Series A, Series B
- IREON Ventures (https://capitalatlas.ai/funds/ireon-ventures) — Series A, Series B
- GC Ventures — Series A
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series B
- Henkel Ventures (https://capitalatlas.ai/funds/henkel-ventures) — Series B
- HELLA Ventures (https://capitalatlas.ai/funds/hella-ventures) — Series B
- Porsche Ventures (https://capitalatlas.ai/funds/porsche-ventures) — Series B
- TDK Ventures (https://capitalatlas.ai/funds/tdk-ventures) — Series B
- PTT Global Chemical Public Company Limited — Series B
- Anthelion Capital (https://capitalatlas.ai/funds/anthelion-capital) — Series C