Nanoptek Corporation Obtains $4,700,000 Series A Funding Round

  • Feed Type
  • Date
    1/16/2008
  • Company Name
    Nanoptek Corporation
  • Mailing Address
    8 Clock Tower Place Maynard, MA 01754
  • Company Description
    Nanoptek Corporation is developing technology that produces
    hydrogen directly from sunlight and water with a proprietary
    nano-engineered photocatalyst (patents pending).

    Nanoptek’s Solar Hydrogen Generators will employ this
    photocatalyst to produce low-cost carbon-free hydrogen
    anywhere in the world, for use in clean power production, manufacturing, and transportation.

  • Website
    http://www.nanoptek.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,700,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    With this investment, Nanoptek expects to complete the development of its field-deployable Solar Hydrogen Generator, develop pilot manufacturing capability, and install the first pilot plant for producing carbon-free hydrogen.
  • M&A Terms
  • Venture Investor
    Quercus Trust
  • Venture Investor
    Undisclosed

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