Forge Nano has raised $40 million in funding to scale its US battery manufacturing and semiconductor equipment businesses.
The funding round was co-led by RockCreek and Ascent Funds, with other participants including Top Material, Orion Infrastructure Capital, and existing investors.
The company has now raised over $140 million from various investors, with plans to expand manufacturing capacity in crucial industries for US manufacturing leadership.
Forge Nano's technology improves battery performance and offers solutions for semiconductor production, with recent installations of new manufacturing lines at its Colorado headquarters.