Entekno

Entekno

Protection from the harmful rays coming from the sun.

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DateInvestorsAmountRound
investor

€0.0

round
investor

€0.0

round
investor

€0.0

round

$2.0m

Valuation: $21.7m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-24 %-
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Entekno
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Entekno Materials, founded in 2008 in Eskişehir, Turkey, operates as a nanotechnology company focused on developing advanced, environmentally friendly powder-based inorganic materials. The company was established by Prof. Dr. Ender Suvacı, a Materials Science professor at Eskişehir Technical University with a Ph.D. from Pennsylvania State University, where his thesis received the XEROX Award. His extensive academic and research background in materials science, including a period as an Alexander von Humboldt Research Fellow in Germany, laid the groundwork for Entekno's scientific focus.

The company's business model is centered on the research, development, and production of high-value-added materials for B2B clients in the cosmetics, ceramics, and electroceramics industries. Entekno exports its products to multiple continents, serving countries like the USA, Germany, Japan, and Australia. Revenue is generated through the sale of its specialized materials and through strategic partnerships, such as a significant R&D collaboration and minority investment from Croda International Plc in 2020. The company has also secured venture capital funding, including a round in January 2024.

Entekno’s flagship product is MicNo®, a patented particle technology. MicNo® consists of platelet-shaped, micron-sized particles composed of nano primary particles of zinc oxide (ZnO). This structure offers the benefits of both nano and micron particles; it provides the transparent, high SPF, and broad-spectrum UV protection of nano-ZnO without penetrating the skin, addressing safety concerns associated with nanoparticles. MicNo® is used in sun care, daily care, and colored cosmetic products. The company also produces variations with surface coatings for improved performance in different formulations, such as MicNo® CSA-N (stearic acid coated) and MicNo® CSi (silane coated). Beyond cosmetics, Entekno develops MicNo® HYG for antimicrobial surfaces in ceramic applications and a range of electroceramic powders like lead-free piezoelectric materials, barium titanate, and strontium titanate for the electronics industry.

Keywords: advanced materials, particle technology, zinc oxide, UV filters, cosmetic ingredients, sunscreen technology, inorganic powders, electroceramics, piezoelectric materials, sustainable materials, nanotechnology, materials science, mineral-based UV protection, surface modification, barium titanate, antimicrobial surfaces, specialty chemicals, R&D collaboration, B2B materials, lead-free ceramics

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