Impact Nano L.L.C., a chemical manufacturing company based in Devens and Orange, Massachusetts, has successfully raised $32 million in funding through successive rounds. The company, which focuses on advanced materials for sustainable computing, attracted support from investors such as Goldman Sachs Asset Management, Intel Capital, and others. As part of the funding agreement, Intel Capital Managing Director Sean Doyle will join Impact Nano’s board of directors.
The newly acquired funds will be used to expand Impact Nano’s Massachusetts factory and workforce, allowing the company to accelerate its material development efforts. The company remains dedicated to maintaining safe manufacturing practices, as well as a robust materials development pipeline, storage, and distribution capabilities.
Under the leadership of CEO and Co-founder Matthew Stephens, Impact Nano specializes in the development and manufacturing of critical materials for various industries, including semiconductors, energy storage, and healthcare. The company’s initial emphasis on volume manufacturing in North America aligns with the anticipated growth of the domestic industries it serves, particularly the semiconductor supply chain.
As a supplier of advanced materials, Impact Nano has extensive knowledge of ligand, organometallic, silicon, and fluorine chemistries. The company provides patterning photoresists, deposition organometallics, and etching gases essential for fabricating cutting-edge integrated circuit designs.
