• £3.1 million investment in Mantis Deposition by NVM Private Equity

    VENTURE

Founded in 2003, Mantis Deposition is a leading speciality instrumentation firm that develops high-quality deposition components and systems for the thin-film coating community.

Its products are designed for all cutting-edge materials research and pre-production coating applications. The company was founded by scientists who used their expertise to develop a deep understanding of nanotechnology, instrumentation, patented IP and commercial capability.

Mantis’ core business focuses on nanocoatings; these are the deposition of thin layers of particles on a surface. Advances in instrumentation have allowed an expansion in the development and use of nanotechnology and Mantis has developed its own unique technology. Mantis’ nanocoatings expertise, which is protected by patents and IPR, has opened up lucrative opportunities for the firm to expand its business worldwide.

“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”

AMIR GHAFFAR | CEO
Innoveo

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