Forge Nano’s core technology is Atomic Armor, an ALD-based surface engineering platform that applies ultra-thin, uniform nano-coatings at the atomic scale. It enhances lithium-ion battery materials to increase energy density, extend cycle life, and improve safety, using high-throughput ALD equipment for scalable particle coating.
Forge Battery, a subsidiary, produces high-energy lithium-ion cells with an energy density of 300 Wh/kg, designed for defense, aerospace, and specialty electric vehicle applications.
In 2024, Forge Nano received a $10M investment from GM Ventures to advance EV battery materials. That year, Forge Battery secured a $100M DOE contract to expand its North Carolina gigafactory to 3 GWh/year, with construction in 2025 and production in 2026. The company also collaborates with General Motors on cathode active materials.
Series C round led by Hanwha Corporate Venture Capital, Orion Infrastructure Capital, Catalus Capital, and Ascent Funds; strategic investors include GM Ventures, Volkswagen, Mitsui Kinzoku, LG Technology Ventures, Sumitomo Corporation of Americas, Air Liquide, and SBI Investment; total funding exceeds $100M.
