What does Forge Nano do?
Forge Nano is a Denver-based technology company that develops domestic battery and semiconductor solutions. It utilizes proprietary ALDx technology to enable semiconductor fabs to conformally coat 200mm wafers for encapsulation, passivation, high‐κ dielectric, and metal barrier seed applications.
How much did they raise?
The company raised $40M in a funding round led by RockCreek and Ascent Funds, with additional participation from investors including Top Material, Orion Infrastructure Capital, GM Ventures, Volkswagen, LG Technology Ventures, Hanwha, Mitsui Kinzoku, Sumitomo Corporation of Americas, Air Liquide, Catalus Capital, and SBI Investment.
What are their plans for the money?
Forge Nano intends to use the newly raised capital to further expand its domestic manufacturing capabilities and bolster its workforce, supporting its growing network of strategic partners and customers in the United States' advanced manufacturing sector.
What have they achieved so far?
With this latest raise, Forge Nano’s total capital investment now exceeds $140M, and its two high-growth business units are already making a significant impact on advancing semiconductor fabrication processes.
