Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Nanotechnology Company Closes Equity Financing, Solidifies Strategic Additions to Management Team

Abstract:
This week Carbon Nanoprobes Inc. (CN Probes), a nanotechnology firm, announced that it had successfully closed an A-round of investment capital as well as solidified several strategic additions to its management team.

Nanotechnology Company Closes Equity Financing, Solidifies Strategic Additions to Management Team

Seattle, WA | Posted on January 8th, 2008

This week Carbon Nanoprobes Inc. (CN Probes), a company specializing in nanotechnology and biotechnology, announced that it had successfully closed an A-round of investment capital as well as solidified several strategic additions to its management team.

News Image

The funding will be used to complete the development and launch of CN Probes' flagship product, a carbon nanotube probe tip for the atomic force microscope (AFM). The product is a revolutionary imaging platform that will allow scientists and engineers in multiple fields, from biotechnology to chip fabrication to "see more and know more." As explained by the Company's CEO, 24-year-old Brian Ruby, "We take pictures of tiny things. We're nanophotographers and our pictures have value to scientists in multiple fields."

Silicon pyramids are the standard used as probes for AFM today. Although their production is well known and relatively inexpensive, making them quite affordable to the end user, some of their inherent properties currently limit the applicability of AFM to a wider and more demanding range of applications, as have been created by recent developments especially in nanotechnology and biotechnology. Carbon Nanotubes (CNTs) have been known since 1991, when multi-walled tubes (MWNT) were first synthesized. Single-walled tubes (SWNT) were isolated in the lab for the first time in 1993. Since then research groups around the world have been demonstrating many of the postulated highly favorable mechanical, electronic, thermal and structural properties especially of the SWNTs.

Key challenges to be addressed in the mass-production of CNT probe tips include reliably controlling tube yield, length, alignment and diameter. CN Probes has a continually growing IP portfolio designed with these challenges in mind. Providing an improved and reliable AFM probe technology as described above would meet the needs of a number of new evolving markets. CN Probes expects a release of its signature products some time in 2008.

Concurrent with the closing of financing, CN Probes also enhanced its management team and board of directors. Among whom are Brian Morton, a 10-year startup veteran as Chief Marketing Officer and 3 new directors, all of whom have had previous management and/or directorate experience at public companies. Morton commented, "I am a senior management executive with 14 years of progressive experience in the Medical Device Industries…when deciding on my next career move, I wanted to choose an organization that had superior technology, a product that would excel in the market place, and talented executive leadership with a sold business model…after meeting with Brian, I quickly realized that CN Probes possesses all of those qualities and more."

####

About Carbon Nanoprobes Inc.
CN Probes was founded in 2003 and is committed to the mass fabrication of nanostructured AFM consumables. The nanotechnology company is based on a technology platform invented by CN Probes' CEO and Founder, providing many innovations to the biotechnology field.

For more information, please click here

Contacts:
Brian Morton
Chief Marketing Officer
Carbon Nanoprobes
Phone: 619-778-0297

Copyright © PRWeb™

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Picosun patents ALD nanolaminate to prevent electronics from overheating September 28th, 2016

Leti and Taiwanese Tech Organizations Sponsoring Workshop in Taipei on MEMS, IoT, Smart Lighting Applications, System Reliability & Security September 28th, 2016

Fighting cancer with sticky nanoparticles September 27th, 2016

Gold nanoparticles conjugated quercetin inhibits epithelial-mesenchymal transition, angiogenesis and invasiveness via EGFR/VEGFR-2 mediated pathway in breast cancer September 27th, 2016

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Announcements

Picosun patents ALD nanolaminate to prevent electronics from overheating September 28th, 2016

Leti and Taiwanese Tech Organizations Sponsoring Workshop in Taipei on MEMS, IoT, Smart Lighting Applications, System Reliability & Security September 28th, 2016

Fighting cancer with sticky nanoparticles September 27th, 2016

Gold nanoparticles conjugated quercetin inhibits epithelial-mesenchymal transition, angiogenesis and invasiveness via EGFR/VEGFR-2 mediated pathway in breast cancer September 27th, 2016

Tools

Oxford Instruments systems now facilitate water purification technology September 27th, 2016

Dr Barbara Armbruster promoted to Worldwide Sales and Marketing Director for XEI Scientific September 27th, 2016

Oxford Instruments is ‘Bringing the Nanoworld Together’ in India once again - 22 - 23 November 2016 | IISc Bangalore September 21st, 2016

Bruker Introduces Complete Commercial AFM-Based SECM Solution: PeakForce SECM Mode Enables Previously Unobtainable Electrochemical Information September 20th, 2016

Appointments/Promotions/New hires/Resignations/Deaths

Dr Barbara Armbruster promoted to Worldwide Sales and Marketing Director for XEI Scientific September 27th, 2016

Dr Barbara Armbruster joins XEI Scientific as Marketing Director June 1st, 2016

Park Systems Global Expansion in AFM Market Includes Appointment of New Executives April 23rd, 2016

GLOBALFOUNDRIES Adds Alain Mutricy as Head of Product Management Group March 3rd, 2016

NanoNews-Digest
The latest news from around the world, FREE




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











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic