Canatu Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Private

  • Employees
  • 140

Employees

  • Latest Deal Type
  • Reverse Merger
  • (Announced)

  • Latest Deal Amount
  • $247M

  • Investors
  • 17

Canatu General Information

Description

Canatu PLC creates nano solutions. It is developing carbon nanotubes (Canatu CNTs) and CNT reactors for the semiconductor, automotive, and medical diagnostics industries. The group focuses on creating the carbon nanotubes for industry-transforming products.

Contact Information

Website
www.canatu.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Tiilenlyöjänkuja 9A
  • 01720 Vantaa
  • Finland
+358 050
Primary Industry
Application Specific Semiconductors
Other Industries
Other Semiconductors
Road
Industrial Supplies and Parts
Corporate Office
  • Tiilenlyöjänkuja 9A
  • 01720 Vantaa
  • Finland
+358 050

Canatu Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Canatu Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Reverse Merger 05-Jul-2024 $247M Announced Generating Revenue
10. Later Stage VC 01-Nov-2022 Completed Generating Revenue
9. Secondary Transaction - Private 14-Jul-2022 Completed Generating Revenue
8. Secondary Transaction - Private Completed Generating Revenue
7. Later Stage VC (Series E) 31-Oct-2019 Completed Generating Revenue
6. Later Stage VC (Series D) 01-Dec-2017 Completed Generating Revenue
5. Later Stage VC (Series C) 07-Sep-2016 Completed Generating Revenue
4. Later Stage VC 06-Feb-2014 Cancelled Generating Revenue
3. Later Stage VC (Series B) 13-Mar-2013 $12.2M $18.3M Completed Generating Revenue
2. Later Stage VC (Series A) 29-Sep-2010 $6.13M $6.13M Completed Generating Revenue
To view Canatu’s complete valuation and funding history, request access »

Canatu Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D
Ordinary
Series B 915,345 $11.55 $11.55 1x $11.55 17.49%
Series A 240,426 $22.97 $22.97 1x $22.97 4.59%
To view Canatu’s complete cap table history, request access »

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Canatu Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Canatu PLC creates nano solutions. It is developing carbon nanotubes (Canatu CNTs) and CNT reactors for the semiconducto
Application Specific Semiconductors
Vantaa, Finland
140 As of 2025

Cambridge, United Kingdom
 

Phoenix, AZ
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Canatu Competitors (2)

One of Canatu’s 2 competitors is FlexEnable, a Venture Capital-Backed company based in Cambridge, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
FlexEnable Venture Capital-Backed Cambridge, United Kingdom
Lintec of America Corporation Phoenix, AZ
You’re viewing 2 of 2 competitors. Get the full list »

Canatu Patents

Canatu Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250003106-A1 Functionalizing carbon nanostructures Pending 28-Jun-2023
JP-3245415-U Filter Active 27-Feb-2023
US-20230373441-A1 Heating sticker for vehicle window Pending 19-May-2022
US-20240082844-A1 Dopant complex and an electronic component Pending 23-Mar-2021
US-20230014968-A1 Formed film and a manufacturing method thereof Pending 13-Dec-2019 H05K1/09
To view Canatu’s complete patent history, request access »

Canatu Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Canatu Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
eFruit International Inc. Corporation Minority
Minth Group Corporation Minority
Nordea Funds Asset Manager Minority
Varma Mutual Pension Insurance Company Corporation Minority
3M Ventures Corporate Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

Canatu Acquisitions (1)

Canatu’s most recent deal was a Merger/Acquisition with Lifeline SPAC I. The deal was made on 16-Sep-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Lifeline SPAC I 16-Sep-2024 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
To view Canatu’s complete acquisitions history, request access »

Canatu FAQs

  • When was Canatu founded?

    Canatu was founded in 2004.

  • Where is Canatu headquartered?

    Canatu is headquartered in Vantaa, Finland.

  • What is the size of Canatu?

    Canatu has 140 total employees.

  • What industry is Canatu in?

    Canatu’s primary industry is Application Specific Semiconductors.

  • Is Canatu a private or public company?

    Canatu is a Private company.

  • What is Canatu’s current revenue?

    The current revenue for Canatu is .

  • How much funding has Canatu raised over time?

    Canatu has raised $75.6M.

  • Who are Canatu’s investors?

    eFruit International Inc., Minth Group, Nordea Funds, Varma Mutual Pension Insurance Company, and 3M Ventures are 5 of 17 investors who have invested in Canatu.

  • Who are Canatu’s competitors?

    FlexEnable and Lintec of America are competitors of Canatu.

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