actnano, a global leader in surface protection technologies for automotive and consumer electronics, announced today the close of an oversubscribed $21.75 million Series B financing led by BMW i Ventures. Additional new investors include HELLA Ventures and TDK Ventures. All Series A investors, including Emerald Technology Ventures, GC Ventures America, Henkel Tech Ventures, Ireon Ventures and Material Impact, also participated in the round.

actnano is setting a new standard for electronics protection with its commercialized water and environmental resistant nanocoating technology, Advanced nanoGUARD™. The company's surface protection technologies can be applied directly on connectors, antennas, LEDs, and high heat generating components, allowing electronics manufacturers to comprehensively safeguard their devices for the first time. With a scalable, turnkey solution that seamlessly integrates into existing manufacturing lines, actnano is positioned to expand its global footprint with leading automotive and consumer electronics manufacturers. Today the company is a trusted partner to global automotive and consumer electronics OEMs and Tier-1 suppliers as customers and investors. ANG technology is already integrated into production vehicles and the world's leading consumer devices.