USA – Modumetal, a Snohomish, Washington-based provider of nanolamination coating technologies, raised $14M in Series A-2 funding.
The round was led by Atlas Innovate and Rotor Capital. Modumetal also added two independent members to its Board of Directors: The company will use the funding to further accelerate commercialization of its oil and gas coating solutions, scale its operations, expand its customer base in new key industries that include automotive and sustainable energy end markets, and grow its production capabilities.Led by Dennis Creech, Chief Executive Officer, Modumetal leverages a patented manufacturing process that brings nanolamination technology to industrial scale applications to produce metals. , and has a production facility in Houston, Texas. The initial products include:07/02/2022
