
Warsaw, Poland – 14 January 2025 – Naco Technologies, a leader in advanced nano-coating
solutions for green energy systems, announces an expanded pre-Series A funding round
totaling EUR 2.5 million, following an additional investment from Radix Ventures. This crucial
funding increase, co-led by Radix Ventures along with previous investors Impact Ventures and
Kendris Capital, bolsters Naco’s plans for accelerated international growth and lays the
groundwork for a high-capacity production facility in Poland.
Naco Technologies is at the forefront of the green energy sector, with a mission to enhance the
efficiency and cost-effectiveness of green energy production and usage through innovative
nano-coating technologies. The extended funding round underscores the confidence and
commitment of leading investors to support Naco’s vision and technological advancements.
The capital infusion from Radix Ventures, a prominent backer of transformative ventures in
sustainable technologies, will enable Naco Technologies to take significant strides toward
achieving critical goals:
1. Preparation for Large-Scale Production: Naco will initiate preparations for a high-
capacity manufacturing facility in Poland, aiming to scale production capabilities to meet
the growing demand for nano-coated components across Europe and beyond.
2. International Market Expansion: The expanded funding will support Naco’s efforts to
establish a presence in strategic markets, creating strong partnerships with global
electrolyzer and fuel cell manufacturers.
3. Enhanced R&D and Innovation: The additional capital will drive R&D efforts to refine
and expand Naco’s nano-coating solutions, ensuring maximum performance and
durability for green energy technologies.
4. Team and Infrastructure Growth: Investment in top-tier talent and advanced facilities
will fortify Naco’s capacity to scale, meeting the increasing industry needs for
sustainable green energy.
Paweł Bochniarz, General Partner at Radix Ventures:
“Naco Technologies exemplifies the high-impact, growth-oriented companies that Radix is committed to supporting. We are highly impressed by the expertise and vision of the Naco team, and we firmly believe that their innovative nano-coatings can play a pivotal role in the sustainable growth of the emerging hydrogen economy. We are proud to support them on this exciting journey.”
Aleksandrs Parfinovics, CEO and Co-founder of Naco Technologies:
“Radix Ventures’ investment strengthens our mission to provide advanced materials for the
green energy economy. With our extended funding, we’re moving forward to build a
production facility in Poland and meet the demands of a global market. Our team is energized
by the support from Impact Ventures, The Untitled Ventures, and Radix Ventures as we
continue to scale and innovate.”

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