Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Harris & Harris Group Notes Recent Portfolio Company Accomplishments

Abstract:
Shareholders of Harris & Harris Group, Inc. (Nasdaq:TINY) may be interested in recent highlights from some of our portfolio companies during February and March of 2012. These releases, as well as news from our other portfolio companies, can be found on our website at ir.hhvc.com/releases.cfm.

Harris & Harris Group Notes Recent Portfolio Company Accomplishments

New York, NY | Posted on March 12th, 2012

Harris & Harris Group made its first new investment in 2012 in OpGen, Inc. On March 7, 2012, we announced this financing event beside new investor Cross Creek Capital, an affiliate of Wasatch Advisors, and existing investors, Highland Capital Partners, Versant Ventures, jVen Capital and CHL Medical Partners. The financing will fund acceleration of the commercialization of OpGen's Argus Whole Genome Mapping System, as well as its Genome-Builder tool suite for large genome sequencing assembly and data analysis. Follow-up stories on OpGen can be accessed at www.washingtonpost.com/blogs/capital-business/post/gaithersburg-based-opgen-secures-up-to-17m-from-investors/2012/03/06/gIQAfouTvR_blog.html and www.genomeweb.com/sequencing/opgen-inks-17m-financing-deal.

On March 11, 2012, Harris & Harris Group's portfolio company, Senova Systems, Inc., announced the introduction of its calibration-free, solid-state pH meter: pHit™ pH sensor at Pittcon 2012. pHit is a new pH sensor platform that replaces current glass electrodes with solid state smart sensors that contain no glass, require no user calibration and can be stored dry. The pHit sensor also contains a novel solid state reference that renders the sensor completely wet-dry reversible so it can be kept dry between uses. This feature not only reduces drift (a drawback of glass pH electrodes) but eliminates the requirement for expensive storage buffers, time-consuming maintenance and messy salt crystals all over the lab bench, equipment and technicians' hands.

On March 8, 2012, Cobalt Technologies, a leading developer of next-generation technology for the production of n-butanol, announced the successful demonstration of one of its advanced biocatalysts. Partnering with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), Cobalt completed multiple fermentation campaigns in a 9,000 liter fermenter, exceeding the target yield and other performance metrics for a commercial scale facility. For this demonstration, Cobalt utilized the NREL Integrated Biorefinery Research Facility (IBRF) at the National Bioenergy Center in Golden, Colorado, which is designed for large-scale fermentation and downstream processing. Using this test facility, Cobalt demonstrated its advanced biocatalyst's ability to convert non-food based substrates into renewable n-butanol. Tests resulted in high sugar conversion (the amount of sugar consumed by the bacteria) and high yields of butanol (the amount of butanol produced by the bacteria).

February was a busy month for portfolio companies as well. Solazyme Roquette Nutritionals announced that it and Roquette signed a European exclusive sales agreement for its microalgae-derived food ingredients starting with whole algalin flour on February 15, 2012. Bridgelux announced that Kaistar Lighting invested $25 million in Bridgelux on February 13, 2012. Nanosys continued the commercialization of its QDEF display technology with an informative video that can be accessed at www.engineeringtv.com/video/QDef-Display-technology-from-Na;CES-2012 and a podcast with CEO, Jason Hartlove, that can be accessed at www.hometheater.com/content/podcast-99-jason-hartlove.

Finally, on Friday, March 9, 2012, Jim Cramer did a very informative piece on investing in speculative stocks focused on Solazyme, Inc. (Nasdaq:SZYM). Cramer's show, Mad Money, spent close to eight minutes focusing on the fundamentals of Solazyme that led him to believe Solazyme was poised for growth and success. The show can be accessed at video.cnbc.com/gallery/?video=3000077676. The Solazyme segment begins around minute 19 and extends through minute 26.

####

About Harris & Harris Group, Inc.
Harris & Harris Group is an early-stage, active investor in transformative nanotechnology companies. Detailed information about Harris & Harris Group and its holdings can be found on its website at www.HHVC.com.

This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010, as well as subsequent filings, filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business, including but not limited to the risks and uncertainties associated with venture capital investing and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The references to the websites www.HHVC.com, www.washingtonpost.com, www.genomeweb.com, www.engineeringtv.com, www.hometheater.com and video.cnbc.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Harris & Harris Group is not responsible for the contents of third party websites.

For more information, please click here

Contacts:
DOUGLAS W. JAMISON
TEL. NO. (212) 582-0900

Copyright © Harris & Harris Group, Inc.

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

New method allows for greater variation in band gap tunability: The method can change a material's electronic band gap by up to 200 percent January 31st, 2015

Evidence mounts for quantum criticality theory: Findings bolster theory that quantum fluctuations drive strange electronic phenomena January 30th, 2015

Everything You Need To Know About Nanopesticides January 30th, 2015

DNA nanoswitches reveal how life's molecules connect: An accessible new way to study molecular interactions could lower cost and time associated with discovering new drugs January 30th, 2015

Chemistry

Creating new materials with quantum effects for electronics January 29th, 2015

Anti-microbial coatings with a long-term effect for surfaces – presentation at nano tech 2015 in Japan January 21st, 2015

Hydrogels deliver on blood-vessel growth: Rice researchers introduce improved injectable scaffold to promote healing January 20th, 2015

Graphene enables all-electrical control of energy flow from light emitters: First signatures of graphene plasmons at telecommunications wavelength revealed January 20th, 2015

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

Ref signals deep impact as EPSRC announces £30 million for impact acceleration accounts (IAA) January 21st, 2015

Investments/IPO's/Splits

Malaysian Nanotechnology Company Nanopac Innovation Ltd. lists on the NSX January 19th, 2015

Aspen Aerogels, Inc. to Present at the Needham Growth Conference January 8th, 2015

Blend Therapeutics Secures $21 Million Financing and Unveils Novel Pentarin™ Platform for Cancer Therapeutics: Company’s Technology and Expertise in Cancer R&D Evolve to Create New Class of Miniaturized Biologic Drug Conjugates (mBDCs) Encapsulated in Nanoparticles January 8th, 2015

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 2, 2015 January 7th, 2015

Nanomedicine

DNA nanoswitches reveal how life's molecules connect: An accessible new way to study molecular interactions could lower cost and time associated with discovering new drugs January 30th, 2015

Made-in-Singapore rapid test kit detects dengue antibodies from saliva: IBN's MedTech innovation simplifies diagnosis of infectious diseases January 29th, 2015

Iranian Researchers Planning to Produce Edible Insulin January 28th, 2015

Nanoparticles that deliver oligonucleotide drugs into cells described in Nucleic Acid Therapeutics January 28th, 2015

Announcements

New method allows for greater variation in band gap tunability: The method can change a material's electronic band gap by up to 200 percent January 31st, 2015

Evidence mounts for quantum criticality theory: Findings bolster theory that quantum fluctuations drive strange electronic phenomena January 30th, 2015

Everything You Need To Know About Nanopesticides January 30th, 2015

DNA nanoswitches reveal how life's molecules connect: An accessible new way to study molecular interactions could lower cost and time associated with discovering new drugs January 30th, 2015

Food/Agriculture/Supplements

Everything You Need To Know About Nanopesticides January 30th, 2015

Detection of Heavy Metals in Samples with Naked Eye January 26th, 2015

Nanosensor Used for Simultaneous Determination of Effective Tea Components January 24th, 2015

Transparent artificial nacre: A brick wall at the nanoscale January 22nd, 2015

Energy

New method allows for greater variation in band gap tunability: The method can change a material's electronic band gap by up to 200 percent January 31st, 2015

Crystal light: New light-converting materials point to cheaper, more efficient solar power: University of Toronto engineers study first single crystal perovskites for new solar cell and LED applications January 30th, 2015

Los Alamos Develops New Technique for Growing High-Efficiency Perovskite Solar Cells: Researchers’ crystal-production insights resolve manufacturing difficulty January 29th, 2015

Carbon nanoballs can greatly contribute to sustainable energy supply January 27th, 2015

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







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE