P2i Limited, the leading global provider of liquid repellent nanocoating solutions, has completed a preference share issue and debt financing round to accelerate its product development and rapid growth and to consolidate its capital structure.

P2i provides functional nanocoating solutions to the consumer electronics industry as well as defence, filtration and other markets. Founded in 2004 as a spin-off from the Ministry of Defence, P2i now provides nanocoating services to leading OEMs and brands including Huawei, Motorola/Lenovo and Vivo.

Smith Square Partners acted as financial adviser to P2i.