Malden, Massachusetts, April 2, 2024–(BUSINESS WIRE)–actnano, Inc., a global leader in surface protection technologies for automotive, consumer and industrial electronics, today announced the closing of a $40 million investment by Anthelion Capital.
actnano's innovative solutions are trusted by leading electronics OEMs and Tier 1 suppliers around the world to provide advanced protection from water and harsh environmental conditions. The company will use the proceeds to continue expanding its technology sales and services, as well as increasing production volumes and efficiency to meet global demand for its products.
“Our technology outperforms all other electronics protection currently available in the industry,” said Taymur Ahmad, CEO of actnano. “Demand for our products has increased significantly because our coatings are safe, non-toxic and environmentally friendly, and their performance exceeds traditional, outdated conformal coatings that have historically been used to protect electronic equipment. I am.”
“We find companies that have developed technology that truly outperforms, lowers costs, and is more environmentally sustainable compared to market-leading alternatives,” said Vusar Nadjafov, co-founder of Anselion Capital. That's rare,” he said. “actnano is a leading innovator in our space, with customer-driven product development driving rapid expansion within our core customers and adoption in multiple new applications and industries, including sustainable energy. .”
Anthelion Capital is an investment and data science platform that provides flexible capital solutions to environmentally sustainable companies seeking cutting-edge solutions that have a positive impact on the environment. Anselion believes that promoting sustainability, reducing waste and conserving resources are important steps towards achieving a cleaner environment for future generations.
Previous rounds include investments from BMW i Ventures, Porsche Ventures, HELLA Ventures, TDK Ventures, Emerald Technology Ventures, GC Ventures America, Henkel Tech Ventures, Ireon Ventures, and Material Impact.
About Act Nano Co., Ltd.
actnano is setting a new standard in electronic protection with Advanced nanoGUARD™, a water and environmentally resistant nanocoating technology. The company's surface protection technology can be applied directly to connectors, antennas, LEDs, and components that generate high heat, allowing electronics manufacturers to comprehensively protect their devices for the first time. actnano is positioned to expand its global footprint with leading automakers and consumer electronics manufacturers with scalable turnkey solutions that can be seamlessly integrated into existing production lines. Currently, the company is a trusted partner as a customer and investor for his OEMs and Tier 1 suppliers of automotive and consumer electronics worldwide. ANG technology is already being integrated into mass-produced vehicles and major consumer devices around the world. For more information, please visit www.actnano.com.
About Anselion Capital
Anthelion Capital is a growth-oriented investment platform that provides flexible capital and data science solutions to environmentally sustainable companies. The company was founded in 2015 and is based in New York City. In 2018, Anselion Capital partnered with Cowen Inc. to drive growth as Cowen Sustainable Investments. In December 2023, co-founders Vusar Nadjafov and Ewa Kozic reacquired the company and rebranded it back to Anselion Capital. The platform has $1.3 billion in assets from large institutional investors, primarily pension plans and sovereign wealth funds. For more information, please visit www.anthelioncap.com.
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contact address
Hilary Blazin, Marketing Director
hilary.brazin@actnano.com
+1 734-735-5381
