Latest funding fuels expansion of global commercial team to meet customer demand.
June 21st, 2021. DUBLIN, IRELAND – Kastus, a category leader in Antiviral coating technologies, announced today the completion of a €5.65M Series A round of financing. The funding was led by Alpha Ascent Ventures with continued participation from Atlantic Bridge Capital, Carragh Holdings and Enterprise Ireland.
Founded by John Browne, the award-winning Irish nano-technology has developed a globally patented range of 24/7 Antimicrobial and Antiviral surface coatings designed to permanently protect touch screen and other glass surfaces against harmful viruses and bacteria. In a high-touch world where we rely every day on public touchscreens and our own personal devices, alongside the increasing risk of infection and cross-contamination from using these same screens, Kastus’ game-changing coating technology offers a unique solution for businesses and consumers alike.
Headquartered in Dublin, with local presence in the UK, US, Korea and China, Browne has built an elite team of experienced commercial, branding, innovation and Engineering talent, drawn from companies such as Google, PCH, Flex and LetsGetChecked. Such is the rate of innovation, Kastus already has 44 global patents granted and pending. And that inventiveness is translating into an explosion of demand for its products, with leading global brands including Lenovo, Lavazza and Kone among Kastus customers.
John Browne, Founder & CEO of Kastus, said: “We are grateful to the team at Alpha Ascent for their vision and commitment to drive success for Kastus. We are seeing rapid acceleration in demand for our unique 24/7 surface coating technology, which is ISO proven to kill 99%+ of harmful bacteria and viruses including human coronavirus. Due to the uniqueness, versatility and mass-production readiness of our technology we are attracting new business opportunities from global power-brands in sectors such as consumer electronics, mobile devices, touchscreens providers, home appliances, hospitality, travel and even food & beverage to name a selection. Our team is delighted to currently be partnering with such powerful global brands as Lenovo, Lavazza Pro and Kone, and we are excited that this new funding round will enable us to accelerate and realise our full potential.”
Kastus will use the new capital to invest in growing the global commercial team to meet existing and new customer demand, plus deeper investment in the Kastus brand and global online footprint to drive new business and build long-term brand equity.
Fergus Lynch, Alpha Ascent’s representative on Kastus’ Board of Directors, said: “Since 2020, we have all experienced a traumatic wake-up call in the fight against infections. Having invested in Kastus two years ago, we are delighted to again partner with John and his team in their mission to make the world a safer place through their unique surface coating technology. In treating the current pandemic and looking to prevent the next one, we expect Kastus’ technology to be invaluable.”
With the Global pandemic permanently shifting consumer behaviours and attitudes towards hygiene and personal safety, Kastus’ self-sanitising technology has become a must-have for many businesses and brands who want to differentiate themselves around their customer desires to feel safer.
Kastus’ award-winning technology powers a range of 24/7 Antiviral + Antibacterial surface protection solutions. Kastus’ suite of products included both finished products – screen protectors for existing screens & screen glass for new touchscreen devices – plus coating solutions for manufacturing all types of new glass and ceramics products.
A sponsor of Irish Olympian and LPGA golf star Leona Maguire, Kastus is available globally and the company has already produced tens of thousands of products for customers across international markets in the glass, touchscreen and ceramics categories.
To learn more about Kastus, please visit www.kastus.com.
Founded in 2014, Kastus is an award-winning Irish nano-technology company who have developed a globally patented range of 24/7 Antimicrobial and Antiviral surface coatings designed to protect glass and ceramic surfaces.
Our brand and tech video tells the story of our value proposition. Our coating technology is independently proven to global ISO and ASTM lab test standards to protect coated surfaces against harmful bacteria, everyday tough viruses (such as Influenza A & Hep A) and recently human coronavirus – Achieving 99%+ kill rates.
In June 2020 Kastus was awarded a significant European Commission Grant to combat the Covid-19 pandemic and support recovery in Europe. Kastus has 46 global patents granted and pending and are currently partnering with a host of global brands such as Lenovo, Lavazza and Kone to add enhanced Antiviral protection to their touchscreen product portfolio.
Kastus’ suite of products includes both finished products – Screen protectors for existing screens up to 34” diameter – plus coating solutions for manufacturing all types of new glass and ceramics products.
Kastus is available globally. It is headquartered in Dublin, Ireland with local commercial presence in key international markets to date such as the US, China, UK and South Korea. To learn more visit www.kastus.com
About Alpha Ascent Ventures
Alpha Ascent Ventures is a venture capital firm investing in transformative technologies and businesses. Partnering with management teams in our global portfolio of early-stage and private companies, we seek to disrupt traditional industries and help drive long-term value creation. To learn more, visit www.alphaascent.com.