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High Tech Seed Founded 2020

Naco Technologies

Provider of coating solutions for PVD equipment. It offers coating solutions for electrical stability, anti-corrosion, catalysts for fuel cells, electrolyzers, sensors, shielding, activated powder, materials for additive manufacturing, anodes, cathodes, insulation, low friction, wear resistance, and thermo-barriers for components. Founded in 2020, headquartered in Riga, Latvia. The company has raised $13.9M in…

📍 Riga, Latvia · Nanotechnology

Funding snapshot

Last roundSeed
Amount$2M
Date15 January 2025
Total raised$14M
Team size18

About

Provider of coating solutions for PVD equipment. It offers coating solutions for electrical stability, anti-corrosion, catalysts for fuel cells, electrolyzers, sensors, shielding, activated powder, materials for additive manufacturing, anodes, cathodes, insulation, low friction, wear resistance, and thermo-barriers for components. Founded in 2020, headquartered in Riga, Latvia. The company has raised $13.9M in funding at the seed stage. The team comprises 18 (Jun 30, 2026) employees. The company operates in the Nanotechnology sector. Its business model centers on Diversified. Founded in 2020, headquartered in Riga, Latvia. The company has raised $13.9M at the Seed stage. Backed by investors including EIC Fund, The Untitled Ventures, Impact Ventures, Radix-Vc, Kendris Capital and others.

Business model

Nanotechnology > Nanotools > Production Tools > Diversified

Institutional investors

EIC Fund The Untitled Ventures Impact Ventures Radix-Vc Kendris Capital Buildit Beamline Accelerator New Energy Technology

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