TDK Ventures backs progressive nanomaterials coating technologies company, actnano

SAN JOSE, Nov. 30, 2021 /PRNewswire/ — TDK Corporation (TSE: 6762) declared today that subsidiary TDK Ventures, Inc. has invested in the Sequence B financing of actnano, a nanomaterials technological innovation business that is location new expectations for electronics defense with its water and environmental-resistant clever coating answers that safeguard a variety of goods. actnano is currently focusing on clients in the automotive sector and now has its coatings utilized to elements within about 1.2M motor vehicles on the road today. It counts international automotive and client electronics OEMs and Tier-1 suppliers as core prospects.

actnano’s nanocoating know-how is specifically made to guarantee automotive electronics hold operating in wet, humid, or other environmentally harsh disorders. Their hydrophobic, electrically insulating coating can be utilized specifically on connectors, antennas, LEDs and significant heat producing factors. Given that numerous types of components and connections have historically been uncoated and as a result vulnerable to water damage, this is an industry activity changer.

In partnering with actnano, TDK Ventures proceeds to fulfill its motivation to spend in startups leveraging improvements in fundamental supplies science to add to culture and the earth for the betterment of mankind.

TDK Ventures President Nicolas Sauvage said, “The immediate development of EVs and autonomous-driving vehicles around the previous 10 years has been astonishing. Defending the electronics in these autos, together with their sophisticated driver-aid techniques (ADAS), is essential for the ongoing safety of the normal driving community, as properly as the ongoing growth of electric powered autos, which participate in a sizeable job in decreasing our dependence on fossil fuels. For that explanation, actnano is a significant financial commitment for TDK Ventures. We seem ahead to performing with actnano, and our co-investors, to speed up the momentum in hastening marketplace adoption of their innovative coatings.”

“When automotive electronics, like autopilot devices, interact with water or other environmental aggressors, the implications can be dire. There has been nearly no innovation in the protecting coatings group in a long time. With the explosion of self-driving and technological know-how-laden cars, a improved answer was required,” stated Taymur Ahmad, CEO of actnano. “That’s why, this sparked the genesis of our nanomaterial coating technology. I am delighted TDK Ventures has joined our Collection B financing. TDK’s ethos of contributing to culture in supporting business people, who – like actnano – are committed to generating the planet a improved put speaks really very of them.”

The $21.75M Series B financing round was led by BMW i Ventures with participation from TDK Ventures, Hella Ventures, Emerald Technology Ventures, GC Ventures America, Henkel Tech Ventures, Ireon Ventures and Materials Effects, who offer you exclusive benefit to the growth of actnano.

To understand extra about TDK Ventures, visit www.tdk-ventures.com or arrive at out at [email protected].

About TDK Corporation

TDK Corporation is a globe leader in electronic remedies for the sensible society based mostly in Tokyo, Japan. Designed on a foundation of materials sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately “Attracting Tomorrow.” It was established in 1935 to commercialize ferrite, a key content in digital and magnetic solutions. TDK’s comprehensive, innovation-pushed portfolio features passive parts this kind of as ceramic, aluminum electrolytic and film capacitors, as very well as magnetics, significant-frequency, and piezo and protection products. The product spectrum also consists of sensors and sensor systems this sort of as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides electricity supplies and strength devices, magnetic heads and extra. These products and solutions are marketed less than the product or service brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding marketplaces in automotive, industrial and client electronics, and facts and conversation technological innovation. The firm has a community of style and design and producing areas and gross sales places of work in Asia, Europe, and in North and South The usa. In fiscal 2020, TDK posted complete product sales of USD 13.3 billion and used about 129,000 people throughout the world.

About TDK Ventures

TDK Ventures Inc. invests in startups to bolster innovation in components science, vitality/energy and relevant regions generally underrepresented in undertaking cash portfolios. Established in 2019 as a wholly-owned subsidiary of TDK Corporation, the corporate undertaking company’s eyesight is to propel the digital and power transformations of segments these kinds of as well being and wellness, up coming-technology transportation, robotics and industrial, combined reality and the broader IoT/IIoT marketplaces. TDK Ventures will co-make investments and assistance promising portfolio businesses by delivering technical knowledge and obtain to worldwide markets where TDK operates. Interested startups or expense associates might speak to TDK Ventures: www.tdk-ventures.com or [email protected].

About actnano:

actnano is environment a new conventional for electronics defense with its commercialized water and environmental resistant nanocoating technologies, Sophisticated nanoGuard™ (ANG). The company’s wet ANG coatings can be used straight on connectors, antennas, LEDs and high heat making parts, allowing digital brands to comprehensively safeguard their units for the to start with time. With a scalable, turnkey remedy that seamlessly integrates into existing production lines, actnano is positioned to broaden its worldwide footprint with top automotive and purchaser electronics suppliers. Right now the enterprise is a trustworthy lover to world wide automotive and shopper electronics OEMs and Tier-1 suppliers as clients, with its ANG technology now built-in into creation automobiles and the world’s leading smartphones. For additional info, be sure to visit www.actnano.com.

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