Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Nanoledge Raises New Financing and Relocates to Canada

Abstract:
Nanoledge Inc., a high performance resins manufacturer specializing in the integration of nanoparticles into composites and the development of environmentally friendly materials, announced today the closing of a multi-million dollar Series A financing round. The co-leads were ID Capital and iNovia Capital with participation from Emertec Gestion.

Nanoledge Raises New Financing and Relocates to Canada

Montreal, Canada | Posted on October 1st, 2008

Nanoledge was founded in France in 2001 and has over the years developed expertise in manufacturing resins that incorporate nanoparticles into composites while significantly improving overall product-performance. Since moving their headquarters and establishing manufacturing presence in Montreal, Canada, the company has been able to offer new solutions to sporting goods, high-tech, wind energy, aerospace and other industries. The NANO IN™ base resins product line demonstrates third-party-validated improvements in strength, flexibility, toughness, conductivity and material fatigue.

"This investment is a testament to our success in the marketplace and investors' recognition of our ability to continue the challenge of enabling performance for a better and safer world of composite materials. We are now well positioned to innovate working on joint projects with partners such as Structil, Seal, SK Chemicals, Look Cycle, Babolat, Cobra, Suzlon Huntsman,..., improving their latest high-performance solutions. Nanoledge is looking forward to strengthening its North American customer base as well as further growing its presence in the Asian and European markets." said Nanoledge President & CEO, Franck Bennardi.

"ID Capital was particularly impressed by the energy and drive of these entrepreneurs", said Jean-Paul Tardif, Managing Partner of ID Capital. "Nanoledge's management has a problem solving approach versus a box moving approach and we are looking forward to assisting them in rapidly growing their business worldwide and expanding their product portfolio to meet the market demand per niche applications."

Nanoledge currently works with all types of partners including formulators, pre-preggers and end-product manufacturers. Nanoledge expects to also act as a commercialization channel for other innovations in the composites industry, with particular focus on nanoparticles integration.

"What attracted us to Nanoledge was their ability to translate technical and manufacturing excellence into tangible products and business results, and proverbially - get out of the lab," said Joško Bobanović Principal with iNovia Capital responsible for cleantech investments. "The resin market is a multi-billion dollar market and Nanoledge is enabling its customers to deliver innovative, safer and high-performing composites. We are particularly excited about the high growth opportunity in the ecologically friendly materials."

####

About Nanoledge Inc.
Nanoledge is a resins provider, specialized in the integration of nanoparticles ( carbon nanotubes, nanoclays, nanosilica… ) into epoxy-based systems. Nanoledge enables high performance & environmentally friendly composites for better & safer materials. Thanks to its NANO IN™ patented technology, Nanoledge manufactures and sells nanobase resins whilst providing full range of services for customized nanoformulation systems. With more than 100 Tons per year of production capacity, Nanoledge is already delivering products with proven mechanical properties improvement and certified performance by third-parties-vendors. Our solid business experience in Sporting Goods, Wind Energy and Aerospace industries guarantees product reliability, innovation path and compliance with conventional manufacturing processes of composites such as prepregg, laminates or RTM. Nanoledge is considered as a pioneer in value creation of advanced nanostructured materials. For more information see www.nanoledge.com or www.becomeananoist.com .

About ID Capital

ID Capital is a venture capital firm which invests in innovative start-up businesses located mainly in the greater Montreal area. The businesses targeted by ID Capital must have developed innovative technologies or products that can be protected by intellectual property and must show vast market potential. Additional information about ID Capital is available at www.idcapital.ca.

About iNovia Capital

iNovia Capital manages seed and early stage venture capital funds, with a focus on helping entrepreneurs and innovators build successful companies in the sectors of information technology, life sciences and cleantech. iNovia Capital's value-added approach to early stage investing provides portfolio companies with capital, unique access to intellectual property from its partner academic institutions and an extensive network of industry partners, advisors and sector-specific co-investors. For more information see www.inoviacapital.com.

About EMERTEC Gestion

EMERTEC Gestion is a venture capital firm specialized in early stage financing of innovative companies through its four funds : the funds invest in high growth potential companies in cleantechs, microelectronics and nanotechnologies sectors. The team is well versed in the various business models of the sectors in which it invests as well as strategies that enable it to maximize added value based on technological innovations. For more information see www.emertec.fr

For more information, please click here

Contacts:
Franck Bennardi
Nanoledge Inc.
T : + 1 450-641 5475

skype ID : nanoist001

Copyright © Nanoledge Inc.

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

Study finds long-term survival of human neural stem cells transplanted into primate brain April 23rd, 2014

High-Performance, Low-Cost Ultracapacitors Built with Graphene and Carbon Nanotubes: Future devices based on technology could bridge gap between batteries and conventional capacitors in portable electronics and hybrid electric vehicles April 23rd, 2014

Guo Lab Shows Potential of RNA as Heat-resistant Polymer Material for Nanoarchitectures April 23rd, 2014

National Space Society Congratulates SpaceX on the Success of CRS-3 and the First Flight of the Falcon 9R April 22nd, 2014

Nanoreporters tell 'sour' oil from 'sweet': Rice University's hydrogen sulfide nanoreporters gather intel on oil before pumping April 22nd, 2014

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

Harris & Harris Group Notes the Receipt of Proceeds From the Sale of Molecular Imprints' Semiconductor Business to Canon April 22nd, 2014

Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Champions Oncology, Inc. April 17th, 2014

Materials/Metamaterials

Guo Lab Shows Potential of RNA as Heat-resistant Polymer Material for Nanoarchitectures April 23rd, 2014

Nanomaterial Outsmarts Ions April 22nd, 2014

Thinnest feasible membrane produced April 17th, 2014

INSCX™ exchange to present Exchange trade reporting mechanism for engineered nanomaterials (NMs) to UK regulation agencies, insurers and upstream/downstream users April 17th, 2014

Announcements

Study finds long-term survival of human neural stem cells transplanted into primate brain April 23rd, 2014

High-Performance, Low-Cost Ultracapacitors Built with Graphene and Carbon Nanotubes: Future devices based on technology could bridge gap between batteries and conventional capacitors in portable electronics and hybrid electric vehicles April 23rd, 2014

Guo Lab Shows Potential of RNA as Heat-resistant Polymer Material for Nanoarchitectures April 23rd, 2014

National Space Society Congratulates SpaceX on the Success of CRS-3 and the First Flight of the Falcon 9R April 22nd, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE