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Home > News > BASF Venture Capital increases stake in U.S. nanotech company SDCmaterials

June 26th, 2007

BASF Venture Capital increases stake in U.S. nanotech company SDCmaterials

Abstract:
BASF Venture Capital GmbH, Ludwigshafen, Germany, is increasing its shareholding in SDCmaterials, Inc, Arizona, U.S. SDCmaterials develops and produces innovative nano materials for customers in the automotive and chemical industries as well as for the medical technology sector.

SDCmaterials has raised $6.3 million (approximately €4.7 million) in its Series A financing round, of which BASF Venture Capital is providing $2 million (approximately...

Source:
polymerupdate.com

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