actnano Raises $8M in Growth Funding

actnano, a Cambridge, MA-based nanotechnology company, raised $8m in Growth funding.

The round was led by Liquidity Group, with participation from BMW i Ventures, Porsche Ventures, and Henkel.

The company plans to use the capital to support its ongoing global expansion into key automotive markets such as Germany, Korea and Japan, as well as for continued research and development to stay ahead of customers’ changing needs.

Actnano is a global leader in surface protection technologies for automotive and consumer electronics. Its technologies can be applied directly on connectors, antennas, LEDs, and high-heat generating components providing the most comprehensive electronics protection, while also protecting the health and safety of workers and the environment. The company’s gel-state advanced nanoGUARD can be found in some of the world’s leading smartphones, automobiles, home security systems, consumer electronics and are currently protecting electronics on over 2 million production vehicles, including 80% of EVs in North America.