Forge Nano closes more than USD 50 million Series C
Forge Nano closed more than USD 50 million in Series C financing led by Hanwha to expand battery production and commercial atomic-layer-deposition applications.
Evidence notes
- Hanwha led the equity round, with Orion Infrastructure Capital, Catalus Capital, Ascent Funds and existing investors participating.
- The financing lifted Forge Nano total capital raised above USD 95 million.
- Forge Nano planned a 1 GWh battery production line serving aerospace, electronics, defence and other premium lithium-ion applications.
Company context
Forge Nano supplies atomic-layer-deposition equipment, coated materials and U.S.-made battery cells for advanced manufacturing.