Reported about 19 hours ago
Forge Nano Inc., a materials science startup from the University of Colorado Boulder, is seeking new funding with a potential valuation of up to $900 million. Backed by major investors like GM Ventures and Volkswagen AG, the company is focusing on technologies for batteries and semiconductors, including a unique nano-coating that enhances battery lifespan and reduces energy usage in chips. Despite challenges in the battery sector, Forge Nano is expanding its operations, including a new factory in North Carolina to support defense and aerospace sectors.
Source: YAHOO