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Naco Technologies raised €2.5M in an expanded pre-Series A funding round led by Radix Ventures to enhance green energy production through advanced nano-coating solutions.

PRIVATEJan 17, 2025

Amount Raised

€2.5 Million

Round Type

Pre-Series A

RigaManufacturingEnergyRenewable Energy

Investors

Kendris CapitalImpact VenturesRadix Ventures

Description

Naco Technologies, based in Riga, has successfully raised €2.5 million in a pre-Series A funding round. This investment, led by Radix Ventures with participation from Impact Ventures and Kendris Capital, will help Naco build a manufacturing facility in Poland and expand its research and development efforts.

Quick answer

Naco Technologies raised €2.5 Million in a Pre-Series A round, dated January 17, 2025. Investors: Kendris Capital, Impact Ventures and Radix Ventures. Naco Technologies is based in Riga, Vidzeme, Latvia.

How much did Naco Technologies raise?
Naco Technologies raised €2.5 Million in a Pre-Series A round on January 17, 2025.
Who invested in Naco Technologies?
Kendris Capital, Impact Ventures and Radix Ventures are named as investors in this round.
What does Naco Technologies do?
Naco Technologies is a Riga-based company specializing in advanced nano-coating solutions for green energy systems.
Where is Naco Technologies based and how big is it?
Naco Technologies is based in Riga, Vidzeme, Latvia.
Who are the decision-makers at Naco Technologies?
Fundz holds 1 contact at Naco Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Naco Technologies that raised within 45 days of this round, from Fundz verified event records.

  • GaltTec raised $1M (Pre-Seed) on February 28, 2025.
  • Dragonfly Energy Holdings Corp raised $3.5M on February 27, 2025.
  • Wallbox raised $10M (Funding Round) on February 24, 2025.
  • Lumotive raised $45M (Series B) on February 21, 2025.
  • MacroCycle raised $6.5M (Seed) on February 21, 2025.
  • Dynolt Technologies raised $1.7M (Seed) on February 18, 2025.

Who to call at Naco Technologies, and when

A new round usually means Naco Technologies is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Naco Technologies

Location

Riga, Vidzeme, Latvia

About

Naco Technologies is a Riga-based company specializing in advanced nano-coating solutions for green energy systems. Their technology aims to enhance the efficiency and cost-effectiveness of green energy technologies such as electrolyzers and fuel cells.

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Naco Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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