Nanotechnology Now

• About Us
  
  • Advertising
  • Our Mission
  • Our Team
  • Comments
  • Friends
  • Contact
• Nanotechnology
• News
  
  • Current News
  • Press Releases
  • Submit Press
  • Press kit
  • Interviews
• Columns
• Products
  
  • Our Products
  • Books
  • Featured Books
• Directories
  
  • Companies/Academic
  • Events
  • Glossary
  • Best Of
• Career Center
• Nano-Social Network
• Nano Consulting
• My Account

Home > News > GMZ Energy grabs $7M as part of first funding round

April 18th, 2011

GMZ Energy grabs $7M as part of first funding round

Abstract:
Newton's GMZ Energy Inc., a maker of thermoelectric materials based on nanotechnology developed at MIT, has raised $7 million from a planned $13 million investment round, the first institutional round for the company.

While the three backers in the round were not identified in the filing with the U.S. Securities and Exchange Commission, GMZ Energy has been backed with seed capital by West Coast venture capital giant Kleiner Perkins Caulfield & Byers. One of the co-founders is former CEO Mike Clary, who had been an entrepreneur-in-residence at Kleiner Perkins. Clary was replaced in the CEO role by former Continuum Photonics Inc. co-founder Aaron Bent in April 2009, although he still holds a board seat.

Source:
masshightech.com

Bookmark:

Related News Press

News and information

Nano-needles for cells May 25th, 2013

How do cold ions slide May 24th, 2013

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

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

Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013

INSCX™ exchange announces substantial increase in capital designated to provide Trade Finance for registered Nanomaterial Producers May 21st, 2013

Announcements

Nano-needles for cells May 25th, 2013

How do cold ions slide May 24th, 2013

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013

Energy

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

Innovation could bring flexible solar cells, transistors, displays May 22nd, 2013

Researchers Stitch Defects into the World’s Thinnest Semiconductor May 22nd, 2013

Atomic-Scale Investigations Solve Key Puzzle of LED Efficiency: MIT and Brookhaven Lab scientists use electron microscopy imaging techniques to settle a solid-state controversy and raise new experimental possibilities May 22nd, 2013