- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
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'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
Miles C. Wright
Chief Executive Officer
(919) 656-4490 Cell
(888) 919-XANO Office
Copyright © XanofiIf 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.
|Related News Press|
News and information
Harris & Harris Group Sponsors NYC American Heart Association's Health Sciences Innovation Investment Forum: Co-founder of Harris & Harris Group Portfolio Company TARA Biosystems to Speak About the Value of Tissue Engineering Technology April 21st, 2015
Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015
Expanding the reach of metallic glass April 22nd, 2015
Quantum model reveals surface structure of water: National Physical Laboratory, IBM and Edinburgh University have used a new quantum model to reveal the molecular structure of water's liquid surface April 20th, 2015
Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015
Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015
Scientists discover gecko secret March 16th, 2015