Jolt Capital has invested €8 million in P2i Ltd, a leader in liquid-repellent nanotechnology, to strengthen its financial position and support future growth in the protective coatings market.

Target Information

Jolt Capital has acquired a controlling stake in P2i Ltd, a renowned specialist in water-repellent nano-coating solutions, through an initial investment of €8 million aimed at bolstering the company’s financial stability and fostering future growth. This partnership follows years of relationship-building between Jolt Capital and P2i, exemplifying the alignment with Jolt’s sustainable deeptech investment strategy.

P2i, established in 2004, has emerged as a global leader in liquid-repellent nanotechnology, safeguarding electronic devices from moisture and water damage. The firm leverages its innovative plasma enhanced vapor deposition technology and holds an impressive portfolio of 90 patents across 8 families, which has facilitated the successful resolution of numerous intellectual property disputes. With over 100 employees, P2i operates primarily from its sites in the United Kingdom and China.

Industry Overview in the UK

The UK nanotechnology sector has experienced significant growth, fueled by increasing demand for advanced materials and coatings, particularly in electronics and automotive applications. The protec