Impact Nano L.L.C., a Devens and Orange, MA-based chemical manufacturing company enabling sustainable computing with advanced materials, raised $32m in total funding in successive rounds.
Backers included Goldman Sachs Asset Management, Intel Capital and other investors. In conjunction with the latest financing, Sean Doyle, Intel Capital Managing Director, will join the board of directors.
The company will use the funds to expand its Massachusetts factory and workforce to accelerate materials development efforts while maintaining a commitment to safe manufacturing, materials development pipeline, storage and distribution capabilities.
Led by Matthew Stephens, CEO and Co-founder, Impact Nano develops and manufactures critical materials suitable for multiple industries including semiconductor, energy storage and healthcare markets. The company’s initial focus on volume manufacturing within North America aligns with the expected growth of the industries it serves domestically, including the semiconductor supply chain.
As an advanced materials supplier, Impact Nano has expertise in ligand, organometallic, silicon, and fluorine chemistries and supplies patterning photoresists, deposition organometallics, and etching gasses that enable the fabrication of leading-edge integrated circuit designs.
FinSMEs
04/05/2023