Forge Nano closes USD 40 million financing
Forge Nano closed USD 40 million in new financing co-led by RockCreek and Ascent Funds to scale domestic battery manufacturing and semiconductor equipment.
Evidence notes
- Top Material, Orion Infrastructure Capital and existing investors also participated in the round.
- The financing increased total capital invested in Forge Nano above USD 140 million.
- Forge Nano directed the capital toward U.S. battery-cell production and commercial semiconductor atomic-layer-deposition equipment.
Company context
Forge Nano supplies atomic-layer-deposition equipment, coated materials and U.S.-made battery cells for advanced manufacturing.