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Keronite

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Advanced ceramic coatings for lightweight metal alloys

Haverhill, United KingdomFounded 2000Aviation
Valuation $25–50M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Keronite

Keronite International Ltd. specializes in advanced surface treatments for light alloys, primarily using its proprietary Plasma Electrolytic Oxidation (PEO) technology. This electrochemical process transforms the surface of aluminum, magnesium, and titanium into a hard, dense ceramic layer, significantly enhancing durability, wear resistance, and corrosion protection. The resulting coatings allow lightweight metals to exhibit the performance characteristics of heavier materials like steel, facilitating weight reduction in components across various industries.

Founded in 2000, Keronite began with a mission to advance materials science through PEO. The company has since expanded globally, establishing a US subsidiary in 2004 to serve the aerospace and automotive sectors and opening the first purpose-built PEO facility in Greenwood, Indiana, in 2007. A key milestone occurred in November 2022, when Keronite was acquired by Curtiss-Wright Corporation for $35 million and integrated into its Aerospace & Industrial segment. This acquisition aimed to broaden Curtiss-Wright's surface treatment portfolio and leverage its global sales channels for further growth.

The company's business model revolves around providing bespoke coating solutions tailored to specific client applications. It serves a diverse client base in demanding markets, including aerospace, defense, automotive, industrial vehicles, and semiconductor manufacturing. Revenue is generated by deploying these custom coatings on customer parts, processing over 120,000 components annually. The PEO process is noted for being more environmentally friendly than traditional methods like hard anodizing, as it uses low-concentration alkaline electrolytes free of heavy metals.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2000
Headquarters
Haverhill, United Kingdom
Employees
30
Open positions
None listed
Dealroom signal
75.5/100
Sector
Aviation, Aviation and Aerospace, Industrial Technology, Advanced Materials, Horizon Europe, NIF defense security and resilience, NIF Supply Chain Resilience, DT and LS, UKis manufacturing, UKis Digital and technologies, uk is8 advanced manufacturing
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2022 $35M $35M Curtiss-Wright ↗
GRANT✓Other financing 2020 $0 — Undisclosed —
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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

Keronite website traffic

Latest recorded traffic for Keronite is 6.8K monthly website visits, up 78.9% over the last three months. Keronite's team grew 0% over the past year.

Latest monthly visits6.8K 3-month web change+78.9% 1-year team growth0%
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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

4 investors on the cap table

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

Seed1 investor entered at this stage

  • European Innovation Council

Series A1 investor entered at this stage

  • Azini Capital

Series B and later1 investor entered at this stage

  • Quester

Other known investors1 additional known investor

  • Curtiss-Wright
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
3 countries with
team presence
🇬🇧 United Kingdom73.3%
🇺🇸 United States20%
🇫🇷 France6.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Keronite 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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