Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


Home > Press > Harris & Harris Group Invests in Nanoopto Corporation

$842,503 as part of a $12 million Series C

Harris & Harris Group Invests in Nanoopto Corporation

New York, NY | March 22, 2005

Harris & Harris Group, Inc., announced today that it invested $842,503 as part of a $12 million Series C round of financing by privately held NanoOpto Corporation ( First Analysis led the Series C financing and existing equity partners Morgenthaler Ventures; U.S. Trust's Excelsior Venture Partners III, L.L.C.; Draper Fisher Jurvetson (DFJ) Gotham Ventures and New England Ventures; and Harris & Harris Group all participated. Doug Jamison will represent Harris & Harris Group on the board of NanoOpto. Harris & Harris Group originally invested in NanoOpto in March 2002 and currently owns approximately 7.97 percent of the fully diluted equity in privately held NanoOpto.

NanoOpto is applying proprietary nano-fabrication technology to the rapid design and high-volume manufacture of nano-optic devices for optical components and systems. The company's nanometer scale optical function design capability, combined with water-based manufacturing methods, delivers optical components that are directed at increasing performance and lowering cost.

Harris & Harris Group is a publicly traded venture capital company that now makes initial investments exclusively in tiny technology, including nanotechnology, microsystems and microelectromechanical systems (MEMS). The Company's last 22 initial private equity investments have been in tiny-technology enabled companies.

Harris & Harris Group is a business development company with 17,248,845 common shares outstanding.

Detailed information about Harris & Harris Group and its holdings can be found on its website at

This news release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this news release. Please see the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business, including but not limited to the risks and uncertainties associated with venture capital investing and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, Harris & Harris Group, Inc., undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties.

Douglas W. Jamison (212) 582-0900

Copyright Harris & Harris Group

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Arrowhead to Present at Upcoming Conferences October 8th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces Multi-Year Agreement to Provide Its Technology to Google, NASA and USRA's Quantum Artificial Intelligence Lab October 6th, 2015

Harris & Harris Group Announces Receipt of Milestone Payment From Acquisition of Molecular Imprints by Canon October 5th, 2015

Accelerator Corporation Completes $62.8 Million Oversubscribed Financing September 30th, 2015


Researchers from Kiel and Bochum develop new information storage device October 13th, 2015

Just a touch of skyrmions October 13th, 2015

New Oregon approach for 'nanohoops' could energize future devices: While application is down the road, these tiny organic circular structures could be used in solar cells, light-emitting diodes and medical diagnostics October 12th, 2015

A better way to read the genome: If your genome was a library, some genes would be 'Choose Your Own Adventure' novels. October 12th, 2015

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project

Car Brands
Buy website traffic