SIA Naco Technologies

Energy Storage & BatteriesSeedRiga, Latvianaco.tech

Latest round

Seed

Last raised

Dec 2023

Total raised

$3M

Investors

3

About SIA Naco Technologies

Based in Latvia, Naco Technologies specializes in advanced nano-coatings for electrolyzers and fuel cells, enhancing efficiency and durability in green energy components.Naco Technologies, founded in 2020, is located in Riga, Latvia, where it focuses on manufacturing advanced nano-coatings.SIA "Naco Technologies" specializes in advanced nano-coatings designed for applications in electrolyzers and fuel cells, aiming to enhance efficiency and durability in critical green energy components. Their core product offerings include proprietary coatings that provide electrical stability, anti-corrosion properties, prevention of hydrogen embrittlement, and reduced reliance on noble materials. These coatings are specifically engineered for components like Bipolar Plates (BPP), Porous Transport Layers (PTL)/Gas Diffusion Layers (GDL), and catalytic coatings for Proton Exchange Membrane (PEM) and Anion Exchange Membrane (AEM) technologies. The company's products are primarily targeted at manufacturers and developers within the renewable energy sector, particularly those involved in hydrogen technologies.SIA "Naco Technologies" generates revenue through business-to-business (B2B) transactions, supplying its specialized nano-coatings to manufacturers in the green energy sector. The company typically engages in direct partnerships with clients, offering its coating solutions as part of larger production contracts or ongoing supply agreements. These contracts may involve bulk orders for specific coating applications tailored to the clients' manufacturing processes. Pricing structures are determined based on the specific needs of each project, with potential variations based on volume and custom specifications. The company aims to launch new coating products specifically designed for evolving hydrogen technologies, targeting markets in Western Europe and North America for expansion by the end of 2026.

Who invested in SIA Naco Technologies

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Dec 20, 2023

    Amount

    $1.3M

    Investors

    Locked

  2. Seed

    Mar 14, 2022

    Amount

    $1.6M

    Investors

    Locked

Questions about SIA Naco Technologies

Who invested in SIA Naco Technologies?

SIA Naco Technologies has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SIA Naco Technologies raised?

SIA Naco Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SIA Naco Technologies last raise money?

SIA Naco Technologies's most recent round on record is a Seed, in Dec 2023.

What does SIA Naco Technologies do?

Based in Latvia, Naco Technologies specializes in advanced nano-coatings for electrolyzers and fuel cells, enhancing efficiency and durability in green energy components.

Where is SIA Naco Technologies headquartered?

SIA Naco Technologies is headquartered in Riga, Latvia.

Which VCs invest in companies like SIA Naco Technologies?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back energy storage & batteries companies at SIA Naco Technologies's stage. Their profiles are linked below.

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