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Canatu
Developer and manufacturer of transparent conductive films and touch sensors
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Nov 2022 | $20M | $79M | MINTH Group · Varma Capital · eFruit International · Nordea Bank | ↗ |
| LATE VCOther financing | Nov 2019 | $17M | $66M | Forvia · Denso | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Business Finland
Inventure- INInfosto
Finnvera Venture Capital
Troika Dialog
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Canatu on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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