NanoInk Secures $65,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=162e572e-6207-46a8-87f4-860b324da8a4&Preview=1 -
Date
10/11/2010 -
Company Name
NanoInk -
Mailing Address
8025 Lamon Ave. Skokio, IL 60077 -
Company Description
NanoInk, Inc. is an emerging growth technology company specializing in nanometer-scale manufacturing and application development for the life science and semiconductor industries. With DPN®, a patented and proprietary nanofabrication technology that allows for unmatched flexibility and accuracy, and high-resolution Nanoencryption™ technology, NanoInk is able to offer customers innovative solutions to fight counterfeiting and illegal diversion of products. -
Website
http://www.nanoink.net -
Transaction Type
Venture Equity -
Transaction Amount
$65,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
This financing provides working capital to continue our commercial activities and support our growing sales base, said James M. Hussey, Chief Executive Officer of NanoInk. This financing also provides an opportunity for the company to convert substantially all of our debt to equity. -
M&A Terms
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Venture Investor
Lurie Investments -
Venture Investor
Undisclosed
