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Canatu

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Developer and manufacturer of transparent conductive films and touch sensors

Vantaa, FinlandFounded 2004Health Tech & Medtech
Valuation $50–100M Last recorded · 2022
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Canatu and the history behind them.

About Canatu

Canatu Oy, a deep-tech company originating in Finland, has established a significant presence in the advanced materials sector since its inception. The company's journey began in 2004 as a spin-off from the esteemed Nanomaterials Group at Aalto University, a testament to its strong scientific foundation. This academic origin is credited to a team of researchers including Esko I. Kauppinen, Albert G. Nasibulin, and David P. Brown, who are recognized as the founders and inventors of the core technology. Their collective expertise in aerosol science and nanomaterials directly shaped Canatu's proprietary technology.

The firm specializes in the development and manufacturing of carbon nanotubes (CNTs) and the equipment required for their production. Canatu's operational strategy is dual-faceted, generating revenue by directly selling its specialized CNT products and also by licensing its manufacturing technology and selling the necessary production reactors to clients. This allows customers to produce CNT materials in-house under a specific licensing agreement. The company's core technological advantage lies in its patented Dry Deposition™ method, a one-step process that synthesizes and deposits high-quality CNTs directly onto a substrate without the need for purification, preserving their pristine structure and superior properties.

Canatu targets high-stakes industries with its versatile platform. A primary application is within the semiconductor industry, where its CNT membranes are crucial for Extreme Ultraviolet (EUV) lithography, a process essential for manufacturing the most advanced microchips. In the automotive sector, Canatu's transparent and conductive film heaters are integrated into Advanced Driver-Assistance Systems (ADAS), preventing sensor obstruction from ice, fog, or condensation to ensure vehicle safety and autonomy. The company is also actively developing electrochemical sensors aimed at the medical diagnostics market. Headquartered in Vantaa, Finland, Canatu has expanded its global footprint with operations in the United States, Japan, and Taiwan to better serve its international clientele.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2004
Headquarters
Vantaa, Finland
Employees
152
Open positions
1
Dealroom signal
91.1/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Automotive, Consumer Electronics, Organic, Appliances, Drones
Technology
Hardware, 3D Technology, Deep Tech, Nanotech, Connected Device
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Nov 2022 $20M $79M MINTH Group · Varma Capital · eFruit International · Nordea Bank ↗
LATE VCOther financing Nov 2019 $17M $66M Forvia · Denso ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Canatu website traffic

Latest recorded traffic for Canatu is 25K monthly website visits, down 3.8% over the last three months. Canatu's team grew 4.8% over the past year.

Latest monthly visits25K 3-month web change-3.8% 1-year team growth+4.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

Series B and later9 investors entered at this stage

  • European Investment Bank
  • Forvia
  • Ascend Capital Partners
  • Denso
  • eFruit International
  • 3M Ventures
  • MINTH Group
  • Varma Capital
  • Nordea Bank

Other known investors1 additional known investor

  • Aalto University
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 9 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇫🇮 Finland87.8%
🇺🇸 United States7.8%
🇦🇪 United Arab Emirates0.9%
🇹🇼 Taiwan0.9%
🇬🇧 United Kingdom0.9%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Canatu on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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