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Home > News > Xtalic takes in $8M in latest funding round

January 24th, 2011

Xtalic takes in $8M in latest funding round

Abstract:
Nanotechnology coatings company Xtalic Corp. has landed $8 million in its latest round of financing. The Marlborough-based company has now raised at least $23.7 million since it was founded in 2005, according to company officials.

Xtalic, founded in 2005 by MIT researchers Christopher Schuh and CTO Alan Lund, has developed a new way to shrink metal crystals into metallic nanostructures to make safer and stronger alloy coatings for metal parts.

Source:
masshightech.com

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