Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > BASF Venture Capital invests in US nanotechnology company NanoMas

Abstract:
BASF Venture Capital GmbH, Ludwigshafen, has invested in the US startup company NanoMas Technologies Inc. NanoMas develops inks containing silver nanoparticles that are easily processed to electrical circuits in printed electronics, solar cells and special adhesives.

BASF Venture Capital invests in US nanotechnology company NanoMas

LUDWIGSHAFEN, Germany | Posted on November 12th, 2008

NanoMas Inc. raised $3.2 million (about €2.35 million) in its first round of financing, with BASF Venture Capital contributing $1.5 million (about €1.1 million). Other investors include Earthrise Capital Partners, LLC and NanoMaterials Investors, LLC. NanoMas will use the funds to expand its nanoparticle production capacity, invest further in research and development, and to support the marketing of its silver inks.

The US startup's silver nanoparticles are suitable for use in transistors, conductors and semiconductors. Silver is highly conductive and functions better than other metals under oxidative conditions. The NanoMas chemical process enables the silver nanoparticles to be processed at low temperatures, thereby increasing efficiency and lowering cost. The process is also ideal for printing electronics on temperature-sensitive materials such as paper and plastics. Printed electronics is the basis for developing enhanced performance printed labels (radio frequency identification, RFID) which can be used for low cost labeling of consumer goods. The technology will enable RFID labels in the long term to replace the barcodes used by retailers today. In the RFID manufacturing process, the NanoMas silver nanoparticles are ideal for processing to electronic conductors.

"We are delighted to have in BASF Venture Capital an experienced technology partner that is a good match for us and can help us to achieve optimum business development," says Zhihao Yang, President and Chief Technology Officer of NanoMas Technologies, Inc. "This investment strengthens our development work in nanotechnology, one of BASF's five growth clusters. Besides, the NanoMas technology complements BASF's activities in Printed Electronics," adds André Moreira, Investment Manager with BASF Venture Capital GmbH.

About NanoMas Technologies, Inc.
NanoMas Technologies, Inc. is an innovative technology leader in nanomaterials development and commercialization. Our proprietary technologies integrate the art of precision nano-scale engineering with low-cost mass production of functional nanomaterials; thereby, enabling the highest-performing conductive and semiconductive nanoparticle inks and pastes for the emerging printed electronics industry. For more information, see www.nanomastech.com.

####

About BASF Venture Capital GmbH
BASF Venture Capital GmbH was established in 2001 as a wholly owned subsidiary of BASF Future Business GmbH, Ludwigshafen, Germany, with the aim of exploring new growth potentials based on investment in startup companies and funds. BASF Venture Capital GmbH's financial commitment per company is in the range of one to five million euros, with active support provided for young start-ups. BASF Venture Capital GmbH selects businesses for investment whose success factors include innovative chemistry-based solutions and which are of strategic interest for BASF.

About BASF

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

For more information, please click here

Contacts:
Kai Minck
Phone: +49 621 60-52711
Fax: +49 621 60-92693

Copyright © BASF Venture Capital GmbH

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

New non-invasive method can detect Alzheimer's disease early: MRI probe technology shows brain toxins in living animals for first time December 22nd, 2014

Piezoelectricity in a 2-D semiconductor: Berkeley Lab researchers discovery of piezoelectricty in molybdenum disulfide holds promise for future MEMS December 22nd, 2014

Quantum physics just got less complicated December 22nd, 2014

Enzyme Biosensor Used for Rapid Measurement of Drug December 22nd, 2014

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

Pixelligent Closes $5.5 Million in Funding: Capital Will Be Used to Support Global Customer Growth December 12th, 2014

Eight19 secures £1m funding: Investment to develop production technology, and expand commercial activities for organic photovoltaics November 19th, 2014

Harris & Harris Group Reports Financial Statements as of September 30, 2014 November 11th, 2014

Harris & Harris Group to Host Conference Call on Third Quarter 2014 Financial Results on November 12, 2014 November 3rd, 2014

Materials/Metamaterials

Aculon Hires New Business Development Director December 19th, 2014

ORNL microscopy pencils patterns in polymers at the nanoscale December 17th, 2014

Pb islands in a sea of graphene magnetise the material of the future December 16th, 2014

Graphene Applied in Production of Recyclable Electrodes December 13th, 2014

Announcements

New non-invasive method can detect Alzheimer's disease early: MRI probe technology shows brain toxins in living animals for first time December 22nd, 2014

Piezoelectricity in a 2-D semiconductor: Berkeley Lab researchers discovery of piezoelectricty in molybdenum disulfide holds promise for future MEMS December 22nd, 2014

Quantum physics just got less complicated December 22nd, 2014

Enzyme Biosensor Used for Rapid Measurement of Drug December 22nd, 2014

Energy

Oregon researchers glimpse pathway of sunlight to electricity: Collaboration with Lund University uses modified UO spectroscopy equipment to study 'maze' of connections in photoactive quantum dots December 19th, 2014

How does enzymatic pretreatment affect the nanostructure and reaction space of lignocellulosic biomass? December 18th, 2014

Iranian Scientists Use Nanotechnology to Increase Power, Energy of Supercapacitors December 18th, 2014

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

Solar/Photovoltaic

Oregon researchers glimpse pathway of sunlight to electricity: Collaboration with Lund University uses modified UO spectroscopy equipment to study 'maze' of connections in photoactive quantum dots December 19th, 2014

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

Stacking two-dimensional materials may lower cost of semiconductor devices December 11th, 2014

New Technique Could Harvest More of the Sun's Energy December 9th, 2014

Printing/Lithography/Inkjet/Inks

Nanoshaping method points to future manufacturing technology December 11th, 2014

New technique allows low-cost creation of 3-D nanostructures December 8th, 2014

SEMATECH Reports Significant Progress in EUV Resist Outgas Testing: Technologists from SEMATECH and JSR demonstrate outgas test results that further enable EUV lithography for high-volume manufacturing readiness December 3rd, 2014

Canatu Launches CNB In-Mold Film for Transparent Touch on 3D Surfaces –in Cars, Household Appliances, Wearables, Portables November 20th, 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