Forge Nano to go public via $1.6B SPAC, becoming CU 抖阴传媒在线鈥檚 11th unicorn
Forge Nano, a U.S.-based semiconductor equipment and advanced materials company, . The deal reflects surging demand for AI chips, as companies accelerate investment in data centers and high-performance computing to support generative AI鈥攄riving growth across the semiconductor and equipment supply chain. At a $1.6 billion valuation, Forge Nano is the 11th "unicorn" company to spin out of the 抖阴传媒在线.
The CU 抖阴传媒在线 Connection
Forge Nano is an advanced materials company based on Atomic Layer Deposition (ALD) nanocoating technology. The company merged with ALD NanoSolutions in 2020, an earlier spinout founded in 2001 by CU 抖阴传媒在线 faculty, including 听(CU 抖阴传媒在线 Chemical and Biological Engineering) and Steven M. George (CU 抖阴传媒在线 Chemistry).听
ALD NanoSolutions developed innovative Particle ALD technology for precision coating of powders at the atomic scale, with numerous applications in batteries and other materials. This technology received early-stage funding through a partnership between CU 抖阴传媒在线 and the Colorado Office of Economic Development and International Trade (OEDIT), which later became CU's Lab Venture Challenge (LVC). Forge Nano, which also originated from CU 抖阴传媒在线-related research, combined forces with ALD NanoSolutions to consolidate expertise and rapidly scale the atomic-level manufacturing of materials. Forge Nano continues to expand its technology globally, using its proprietary Atomic ArmorTM platform to produce high-performance lithium-ion batteries and commercial semiconductor equipment.
A pipeline of impact
Forge Nano鈥檚 listing makes it CU 抖阴传媒在线鈥檚 11th 鈥渦nicorn鈥濃攁 startup valued at $1 billion or more while still privately held鈥攆ollowing Infleqtion. Spun out of CU 抖阴传媒在线 as ColdQuanta and rooted in pioneering research led by Dana Anderson (JILA, CU 抖阴传媒在线 College of Arts and Sciences and College of Engineering and Applied Science), Infleqtion went public this year at a $1.8 billion valuation. Other CU 抖阴传媒在线 unicorns include 础尘驳别苍,听Ball Aerospace & Technologies,听Solid Power 补苍诲听SomaLogic.
In fiscal year 2024, CU 抖阴传媒在线听reached a historic milestone, launching 35 new companies based on university intellectual property, more than any other U.S. campus that year. In addition to holding the No. 1 spot for that year, the achievement also placed CU 抖阴传媒在线 No. 2 for the most startups launched in a single year by a U.S. campus.
Commercialization activities through Venture Partners had an economic impact of $8.7 billion nationally and $5.1 billion in Colorado over the last five years, according to a new report from the Leeds School of Business. The campus also just announced a new strategic partnership with Techstars, the global startup accelerator and investor, to expand opportunities for founders and strengthen Colorado鈥檚 innovation economy.
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For marketing and communication inquiries or news tips, contact Daniel Leonard,听senior marketing and communications specialist for Venture Partners at CU 抖阴传媒在线.
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