PolymerPlus

Peak Nanosystems Raises $25M From Squadron Capital for Optics, Films

Peak Nanosystems Raises $25M From Squadron Capital for Optics, Films

Valley View – October 12, 2026 -- Peak Nanosystems has closed a further $25 million investment from Squadron Capital to fund larger-scale production of optical lenses and development-scale films for capacitors and specialty film applications.

All applications rely on Peak's proprietary nanolayer extrusion technology. The company is the parent of Peak Nano Optics and Peak Nano Films.

Peak Nano Optics has invested over $30 million in an Ohio foundry

The Optics unit has put more than $30 million into a development and production facility near Cleveland, Ohio. The site was commissioned in Q4 2020 and held its official grand opening in July 2021. Peak describes the facility as a first-of-its-kind Optics Foundry and the most advanced optical design and manufacturing facility in the world.

Peak Nanosystems Raises $25mm to Buy PolymerPlus, Enter Capacitors

Peak Nanosystems Raises $25mm to Buy PolymerPlus, Enter Capacitors

Cleveland – October 12, 2026 -- Peak Nanosystems has closed a $25mm investment from Squadron Capital to fund its acquisition of Cleveland-based PolymerPlus, giving the nanotechnology group entry into the capacitor market.

Peak Nanosystems is the parent company of Peak Nano Optics and Peak Nano Films. It will also use proceeds to expand in-house optical product development.

Acquisition secures exclusive nanolayered film IP from Case Western Reserve University

Through the deal, Peak Nanosystems gains exclusive rights to broad nanolayered film intellectual property developed at Case Western Reserve University. It also acquires in-house technology developed by PolymerPlus. The rights cover both optics and film capacitors.