Nanosys Lands $25M From Samsung, Others
Palo Alto-based Nanosys, a firm developing advanced materials, said today that it has scored $25M in equity from strategic investor Samsung Electronics, along with it existing investors. Nanosys said that Samsung will invest $15M in the firm via Samsung Venture Investment Corporation, with its existing investors Arch Venture Partners, El Dorado Ventures, Polaris Venture Capital and Venrock contributing at least $10M to the round. Nanosys said that Samsung Electronics will co-develop products using its technologies, which are focused on nano-architected materials.
posted on Tuesday, August 10, 2010 (Link to more information)
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