Cambridge Massachusetts based Actnano is raising $21,750,000.00 in New Equity Investment.
Cambridge, MA – According to filings with the U.S. Securities and Exchange Commission, Actnano is raising $21,750,000.00 in new funding. Sources indicate as part of senior management President, Taymur Ahmad played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Actnano
We specialize in smart coating solutions that make products water resistant. Most electronics in the world today are vulnerable to water damage. Accidental water damage, condensation and humidity can short out or corrode and often ruin the circuitry of safety critical Automotive Electronics (Autopilot, Power Steering etc.) , cell phones, laptops, e-readers, digital cameras, electronic key fobs, television remotes, coffee makers, and many other devices that are often used in the proximity of water, other liquids, and even simply humidity. While some electronic devices are built and labeled as water resistant, they are comparatively few in number, and they often feature water-tight external enclosures that house the electronic components inside. Actnano has a number of nano coatings that can be applied to electronic devices in a way that makes them water-resistant to IPx7 levels. In other words, a cell phone or notebook computer will work just fine after being dropped in a bucket of water. actnano coatings can also be found in a number of production vehicles in the market today. The coatings can be applied to devices in various stages of the manufacturing process, including after the finished product is built.
To learn more about Actnano, visit http://www.actnano.com/
Contact:
Taymur Ahmad, President
877-655-8220
taymur.ahmad@actnano.com
https://www.linkedin.com/in/taymur/
SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved