附近上门

, a company that makes protective nanocoating for vehicles and consumer electronics, raised $12 million for its Series A, the company announced Tuesday.

Subscribe to the 附近上门 Daily

The company鈥檚 nanocoating is used to protect surfaces from water damage. Actnano is focused on the auto market as more cars install autopilot features.

The Boston-based company plans on using the funding to expand into Germany, Korea and Japan, so it can have a presence where the world鈥檚 largest auto manufacturers are located.

Actnano was founded in 2012 and originally made protective nanocoating for consumer electronics, like LG phones and Jabra headsets. Around 2014, the company pivoted to make protective nanocoating for the automotive industry, though it still does work with consumer electronics selectively.

The reason for pivoting, according to was that the company saw how critical protective coating was for the electronics involved in vehicles.

鈥淚f your phone doesn鈥檛 work, no one dies. If your headset doesn鈥檛 work because you were sweating when you were working out, nothing happens, you buy a new one,鈥� Ahmad said. But it鈥檚 different if liquids spill on a car鈥檚 autopilot, he added.

鈥淭he biggest reason it鈥檚 important is we protect the autopilot,鈥� Ahmad said. 鈥淵ou do not want to spill your coffee on the autopilot and have it drive into a brick wall.鈥�

Ahmad declined to name Actnano鈥檚 auto clients, but said they include large original equipment manufacturers based in Detroit, Silicon Valley, Germany and Sweden.

Currently, about half of the company is based in Asia and the other half is based in the U.S. Ahmad estimates that with the company鈥檚 expansion, its 2021 sales will double that of 2020.

led the round, with participation from , Henkel Tech Ventures, GC Ventures America and Ireon Oil.

Illustration: .