Forge Nano Seeks Funding at Valuation of Up to $900 Million

March 4, 2025, 11:01 PM UTC

Forge Nano Inc., a materials science startup spun out of the University of Colorado Boulder in 2013, is seeking to raise new funding at a valuation of as much as $900 million, according to a person with knowledge of the matter.

The company, backed by GM Ventures, Volkswagen AG and LG Technology Ventures, is working with an adviser as it solicits funding from new and existing investors, said people familiar with the discussions, who asked not to be identified because the information is confidential. Forge Nano’s previous valuation was $336 million, according to PitchBook.

Terms of the round haven’t ...

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