GM Ventures invests USD 10 million in Forge Nano
GM Ventures invested USD 10 million in Forge Nano alongside a planned programme to evaluate Atomic Armor coatings for future General Motors battery materials.
Evidence notes
- The strategic investment brought Forge Nano disclosed capital raised above USD 100 million.
- General Motors planned to evaluate Forge Nano surface-engineering technology for battery cathode material improvements.
- The transaction connected Forge Nano materials platform with an automotive battery-development programme rather than representing a customer order.
Company context
Forge Nano supplies atomic-layer-deposition equipment, coated materials and U.S.-made battery cells for advanced manufacturing.