So whats the difference between them and other
nanotech investors September 3rd, 2008In startups with claim to using nanotechnology in their businesses raised 654 million, according to researcher VentureOne. The companies that are actually selling products and expect to sell more.
However, in the first quarter, giving life to the cliche that VCs are falling over themselves to invest in nanotech. The risks of companies using nanotechnology are twofold Will the technology pan out and will it sell profitably? If this first generation of nanotech startups is indeed coming of age, that means, yes, the technology has been turned into product that others buy. Last year, companies raised 373 million, fairly even with the previous two years. In startups with claim to using nanotechnology in their businesses raised 654 million, according to researcher VentureOne.
For venture capitalists, risk is as commonplace as oxygen and just as vital for their success. In startups with claim to using nanotechnology in their businesses raised 654 million, according to researcher VentureOne. So whats the difference between them and other startups starving for venture money? Simple They are making and selling stuff. The 155 million invested in nanotech startups is only 3 of the 4.
During the peak of the tech bubble, VC firms were more than eager to put their ample funds into nanotech VCs hasten to point out that theres no nanotech industry, but science that bring innovation to many industries.
Last year, companies raised 373 million, fairly even with the previous two years.
Also in recent weeks, NanoTex an Emeryville, Calif.based maker of stainrepelling textiles, took in 35 million from investors such as Norwest Venture Partners and the Howard Hughes Medical Institute. The risks of companies using nanotechnology are twofold Will the technology pan out and will it sell profitably? If this first generation of nanotech startups is indeed coming of age, that means, yes, the technology has been turned into product that others buy. In startups with claim to using nanotechnology in their businesses raised 654 million, according to researcher VentureOne.
The companies that are surviving are showing degree of diversification, Weinbaum says, as NanoOpto branched out of its initial telecom focus into consumer electronics.
The first wave of nanotech companies are starting to spread out little in the pack, says Alexander Wong, partner at venture firm Apax Partners. Theyre manufacturing products with customers behind them. NanoOptos third round of investments in came more than four years after its initial funding. Were seeing few of those early companies being funded at higher level while others are falling back. Among the recent nanorelated venture investments are Nantero Woburn, Mass.based maker of memory chips, which raised 15 million from Globespan Capital Partners and Draper Fisher Jurvetson and NanoOpto which raised 3.
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