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May 14th, 2004
Q1 Funding Report: VCs Proceed Cautiously Despite IPO Anticipation
Despite the year’s first nanotech IPO in April and another likely coming this summer, funding activity in nanotechnology, MEMS and microsystems is continuing to proceed at a measured pace. Twenty-six companies raised $173.6 million in the first quarter, versus the same number of deals and $183.2 million raised in the year-earlier period.
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