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Forge Nano secures $40M to scale U.S. battery manufacturing

Forge Nano announced the successful close of $40 million in new funding. The funding was co-led by RockCreek, a global investment firm managing over $15 billion in assets with a strong focus on energy innovation, critical supply chains and advanced manufacturing, and Ascent Funds, a US based global energy technology fund. Additional participants include Top Material, Orion Infrastructure Capital and Forge Nano’s existing investors. With this latest raise, Forge Nano’s total capital investment now exceeds $140 million, adding RockCreek to a shareholder roster that includes GM Ventures (GM), Volkswagen (VWAGY), LG Technology Ventures, Hanwha, Mitsui Kinzoku (MMSMY), Sumitomo Corporation of Americas (SSUMF), Air Liquide (AIQUY), Catalus Capital and SBI Investment (SBHGF).

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