Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

Meteorite impact on a nano scale August 29th, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

Forces of nature: Interview with microscopy innovators Gerd Binnig and Christoph Gerber August 26th, 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

Materials/Metamaterials

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

New approach to determining how atoms are arranged in materials August 25th, 2016

Nanofur for oil spill cleanup: Materials researchers learn from aquatic ferns: Hairy plant leaves are highly oil-absorbing / publication in bioinspiration & biomimetics / video on absorption capacity August 25th, 2016

Announcements

Meteorite impact on a nano scale August 29th, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Energy

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016

Solar/Photovoltaic

Let's roll: Material for polymer solar cells may lend itself to large-area processing: 'Sweet spot' for mass-producing polymer solar cells may be far larger than dictated by the conventional wisdom August 12th, 2016

NREL technique leads to improved perovskite solar cells August 11th, 2016

Making a solar energy conversion breakthrough with help from a ferroelectrics pioneer: Philadelphia-based team shows how a ferroelectric insulator can surpass shockley-queisser limit August 9th, 2016

Tiny high-performance solar cells turn power generation sideways August 5th, 2016

Printing/Lithography/Inkjet/Inks

Tailored probes for atomic force microscopes: 3-D laser lithography enhances microscope for studying nanostructures in biology and engineering/ publication in Applied Physics Letters August 11th, 2016

Smarter self-assembly opens new pathways for nanotechnology: Brookhaven Lab scientists discover a way to create billionth-of-a-meter structures that snap together in complex patterns with unprecedented efficiency August 9th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Perovskite solar cells surpass 20 percent efficiency: EPFL researchers are pushing the limits of perovskite solar cell performance by exploring the best way to grow these crystals June 13th, 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