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February 24th, 2006
According to the independent research firm Cientifica, governments worldwide sank a total of more than $18 billion into nanotechnology between 1997 and 2005. Another $6 billion in combined spending, a 25% increase over that in 2005, is forecast for this year.
Since 1995, venture investors have put a total of about $2 billion into small nanotech companies, reports Lux Research, a private research and advisory firm. Venture-capital firms invested about a quarter of the total, or $480 million, in 2005 alone.
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