Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > ATEL Ventures Commits $3.0MM in Equipment Lease Financing for Cambrios Technologies Corporation

Abstract:
ATEL Ventures, a provider of secured financing to emerging growth companies, has committed $3.0 million in equipment lease financing to Cambrios Technologies Corporation, a privately-held company whose cutting edge technology utilizes nanostructures to develop electronic materials and processes for a variety of industries.

ATEL Ventures Commits $3.0MM in Equipment Lease Financing for Cambrios Technologies Corporation

SAN FRANCISCO, CA | Posted on April 26th, 2008

The Mountain View, California-based Cambrios is helping drive a revolutionary shift to the use of nano-engineered inorganic material in the creation of electronic components. ATEL Venture's financing package will support Cambrios' rapid development of tangible manifestations of the technology and find commercialization partners with which to bring them to market.

"Cambrios has created an amazing framework of technology," said Steve Rea, Executive Vice President at ATEL Ventures, a division of ATEL Capital Group. "This framework is the key to their amazing potential to provide better, more cost-effective solutions for the electronics industry and is also the reason why ATEL felt this was an excellent, as well as timely, investment."

"We are about to launch our first products and they will come out of the equipment and infrastructure that ATEL financing is helping us build," said Michael Knapp, President & CEO of Cambrios. "We are very grateful for ATEL's support in this endeavor."

About Cambrios

Cambrios is an electronic materials company that develops proprietary, competitive products. Cambrios implements its novel technology to simplify electronics manufacturing processes, improve end-product performance and identify ways to satisfy unmet industry needs. Cambrios is also developing solution phase chemistries that will replace more complicated and expensive manufacturing processes.

####

About ATEL Ventures
ATEL Capital Group formed ATEL Ventures, Inc. to provide working capital and equipment financing term loans to emerging growth companies in information technology, life sciences, specialty retail and alternative energy. Since its founding in 1977, San Francisco-based ATEL Capital Group has become the largest private and closely held independent leasing company in the United States, with approximately $2 billion in asset-secured transactions under management. For information about ATEL Ventures, contact Steven Rea, executive vice president, or visit their website at www.atel.com/ventures.

For more information, please click here

Contacts:
ATEL Ventures, Inc.
Steven Rea
415-616-3436
Executive Vice President

Copyright © Business Wire 2008

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

A 'movie' of ultrafast rotating molecules at a hundred billion per second: A quantum wave-like nature was successfully observed in rotating nitrogen molecules July 4th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

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

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Chivalrous Knight Does Pro Bono June 27th, 2015

Exagan Raises 5.7 Million to Produce High-efficiency GaN-on-Silicon Power-switching Devices on 200mm Wafers: Leti-and-Soitec Spinout Focused on Becoming Leading European Source Of GaN Devices for Solar, Automotive, Telecoms and Infrastructure June 25th, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Announces 1,000 Qubit Processor and is Discussed in the Economist June 23rd, 2015

Announcements

A 'movie' of ultrafast rotating molecules at a hundred billion per second: A quantum wave-like nature was successfully observed in rotating nitrogen molecules July 4th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

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