Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Xanofi, Inc Opens Series B Funding Round

Abstract:
Xanofi, a company specializing in producing custom, low-cost, functional nanofibers for a variety of market applications announces the opening of their Series B funding round.

Xanofi, Inc Opens Series B Funding Round

Raleigh, NC | Posted on June 8th, 2011

Xanofi's Board of Directors unanimously approved $1.5 million to transition from a proof-of-concept phase into full commercial production. The funds will be used for equipment scale-up, company infrastructure, sales and marketing, ISO certification, and product development. The round is anticipated to close by September 30, 2011.

A spin-out from North Carolina State University's Technology Entrepreneurship and Commercialization program and the Department of Chemical and Biomolecular Engineering, Xanofi focuses on nanofibers applications in medicine, nonwovens, energy, filtration and performance textiles. The patent-pending XanoShear™ method for creating nanofibers lowers the overall cost of production and significantly yields to make commercial production possible in any market.

Xanofi is bringing to market an entire platform for nanofiber production and will launch its first products this year. The Company currently seeks development partners to bring new advance materials and products to other markets.

####

About Xanofi, Inc.
Xanofi, a highly innovative startup and spinout company from North Carolina State University, will change the global landscape on how nanofibers are manufactured with a new platform process that is highly efficient and easy to integrate into production environments. Using a patented technique called XanoShear™, the scalable Xanofi process will produce nanofibers at lower cost and significantly higher yields than current methods. This game-changing technology will enable many more industrial and consumer products to reach the market sooner.

For more information, please click here

Contacts:
Press Contact
Miles C. Wright
Chief Executive Officer

(919) 656-4490 Cell
(888) 919-XANO Office

Copyright © Xanofi

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

Fast, efficient sperm tails inspire nanobiotechnology December 5th, 2016

Journal Nanotechnology Progress International (JONPI) Volume 6, issue 2 coming out soon! December 5th, 2016

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Construction of practical quantum computers radically simplified: Scientists invent ground-breaking new method that puts quantum computers within reach December 5th, 2016

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

Harris & Harris Group Issues Letter to Shareholders and Information for Shareholder Call on Tuesday, November 15, 2016 November 14th, 2016

Harris & Harris Group Issues Business Update and Reports Financial Statements as of September 30, 2016 November 9th, 2016

Forge Nano raises $20 million in Series A Funding: Nano coating technology innovator Forge Nano will use funding to expand manufacturing capacity and grow Lithium-Ion battery opportunities November 3rd, 2016

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

Nanomedicine

Fast, efficient sperm tails inspire nanobiotechnology December 5th, 2016

Journal Nanotechnology Progress International (JONPI) Volume 6, issue 2 coming out soon! December 5th, 2016

UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016

Nanobiotix Provides Update on Global Development of Lead Product NBTXR3: Seven clinical trials across the world: More than 2/3 of STS patients recruited in the “act.in.sarc” Phase II/III trial: Phase I/II prostate cancer trial now recruiting in the U.S. November 28th, 2016

Announcements

Fast, efficient sperm tails inspire nanobiotechnology December 5th, 2016

Journal Nanotechnology Progress International (JONPI) Volume 6, issue 2 coming out soon! December 5th, 2016

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Construction of practical quantum computers radically simplified: Scientists invent ground-breaking new method that puts quantum computers within reach December 5th, 2016

Energy

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Throwing new light on printed organic solar cells December 1st, 2016

Physics, photosynthesis and solar cells: Researchers combine quantum physics and photosynthesis to make discovery that could lead to highly efficient, green solar cells November 30th, 2016

Water

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Water, water -- the two types of liquid water: Understanding water's behavior could help with Alzheimer's research November 11th, 2016

How nanoscience will improve our health and lives in the coming years: Targeted medicine deliveries and increased energy efficiency are just two of many ways October 26th, 2016

Water vapor sets some oxides aflutter: Newly discovered phenomenon could affect materials in batteries and water-splitting devices October 3rd, 2016

Textiles/Clothing

'Back to the Future' inspires solar nanotech-powered clothing November 15th, 2016

Engineers develop new magnetic ink to print self-healing devices that heal in record time November 7th, 2016

Stretchy supercapacitors power wearable electronics August 25th, 2016

Weird, water-oozing material could help quench thirst: Nanorods' behavior first theorized 20 years ago, but not seen until now 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