Funding and M&A Roundup: Forge Nano Raises $50 Million for Battery Production Line
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Forge Nano, a provider of nanocoating technology for lithium-ion batteries, closed on $50 million in funding led by key investments from Hanwha Corporate Venture Capital. The funding brings the company’s total amount of capital raised to date to more than $95 million. The financing will enable Forge Nano to pursue its nanotechnology opportunities for battery material and develop a battery production line to meet the demand for full-scale, premium battery contracts.
