Monday, July 30, 2007

Cnano Technology Raises $6M

Menlo Park-based Cnanot Technology Limited said today that it has raised $6M in a venture funding round. The capital came from CMEA Ventures and Pangaea Ventures, along with WI Harper. Canano is developing carbon nanotube technology, and in manufacturing nanotubes and developing applications for the technology. According to the company it has pioneered a technology that results in signifantly reduced manufacturing costs. More information »