Forge Nano Secures $40 Million in Series D Financing
Deal News | May 12, 2025 | Ropes & Gray
Ropes & Gray acted as the legal advisor to The RockCreek Group in co-leading a $40 million Series D financing for Forge Nano, Inc. Forge Nano is a technology firm focused on pioneering advancements in battery and semiconductor technology. The RockCreek Group, a global investment firm that manages over $15 billion in assets, has a strategic focus on energy innovation, critical supply chains, and advanced manufacturing. This investment aligns with RockCreek's goal to support initiatives that enhance solar energy, energy storage, electric vehicles, and broadband connectivity, particularly benefiting the state of Illinois. The legal team from Ropes & Gray was led by venture capital and emerging companies partner Brad Flint, along with associates Dan Freshman and Kayla King.
Sectors
- Technology
- Finance
- Energy
Geography
- United States – Forge Nano is based in the U.S., and RockCreek has a strategic focus on initiatives benefiting the state of Illinois.
Industry
- Technology – Forge Nano is a technology company innovating in battery and semiconductor fields, making technology a central industry.
- Finance – The involvement of RockCreek Group, a global investment firm, positions finance as a key industry within the article.
- Energy – RockCreek's investment focus includes energy innovation, energy storage, EVs, and solar sectors, highlighting the importance of the energy industry.
Financials
- $40 Million – The size of the Series D financing round co-led by RockCreek for Forge Nano.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Forge Nano, Inc. | Target Company | Company | A technology company pioneering battery and semiconductor innovations. |
| The RockCreek Group | Bidding Company | Company | A global investment firm managing over $15 billion in assets, focusing on energy innovation, supply chains, and manufacturing. |
| Ropes & Gray | Legal Advisor | Company | Provided legal advisory services in the co-lead of Forge Nano's Series D financing round. |
| Brad Flint | Partner, Venture Capital and Emerging Companies | Person | Led Ropes & Gray's legal team assisting RockCreek. |
| Dan Freshman | Associate at Ropes & Gray | Person | Associate on the Ropes & Gray team advising RockCreek. |
| Kayla King | Associate at Ropes & Gray | Person | Associate on the Ropes & Gray team advising RockCreek. |