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Home > News > $20m fund to boost local nanotech sector

January 24th, 2010

$20m fund to boost local nanotech sector

Abstract:
A $20 million venture fund has been set up to invest in Singapore's nanotechnology sector.

The fund comes from Nanostart Asia and the National Research Foundation (NRF), with each committing $10 million.

Nanostart Asia is the local subsidiary of a German nanotechnology investment company, Nanostart AG. Nanostart AG, founded in 2003, has a proven track record of eight successful companies either listed on the stock market, sold or traded to other companies, out of their 18 global investments.

Source:
business.asiaone.com

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