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Home > News > NanoMuscle doomed by high costs

December 10th, 2004

NanoMuscle doomed by high costs

Abstract:
NanoMuscle Inc., an East Bay company that bet it could use tiny motors to usher in a new species of consumer products, has closed the doors at its Antioch headquarters, leaving the firm's future in doubt.

In recent years, NanoMuscle was a hot ticket. Venture capitalists and other investors pumped about $23 million into the company. National publications like Fortune magazine gave NanoMuscle's technology glowing mentions.

Source:
contracostatimes

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