Corporate venturing vehicles Henkel Tech Ventures, GC Ventures America and Ireon Ventures all took part in the coating material producer's series A round.

Actnano, a US-based developer of protective nanocoating, raised $12m on Tuesday in a series A round featuring petrochemical producer PTT Global Chemical, oil refiner Hellas and industrial and consumer product conglomerate Henkel.

The corporates invested through GC Ventures America, Ireon Ventures and Henkel Adhesive Technologies respectively. They joined investment firm Emerald Technology Ventures, which led the round, and venture capital firm Material Impact.

Founded in 2012, Actnano is the creator of a resistant coating technology known as Advanced nanoGuard, which has been…

James Mawson

James Mawson is founder and chief executive of Global Venturing.