Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Rolith, Inc. Receives $5 Million Investment From DFJ VTB Capital Aurora and AGC America Inc.: Leading Nanotechnology Company to Increase Business Development Efforts and Address Growing Market Need

Abstract:
Rolith, Inc., the leader in developing advanced nanostructured coatings and devices, today announced that it has received Series A funding in the total amount of $5 million from DFJ VTB Capital Aurora and AGC America Inc.

Rolith, Inc. Receives $5 Million Investment From DFJ VTB Capital Aurora and AGC America Inc.: Leading Nanotechnology Company to Increase Business Development Efforts and Address Growing Market Need

Pleasanton, CA | Posted on April 5th, 2012

As the leader in developing advanced nanostructured coatings for renewable energy, green building, and consumer electronics markets, Rolith will utilize the $5 million investment to step up business development in an effort to address the current market need for industrial-scale nanostructured coatings. The US $5 million investments will also be used to expand the engineering team and further research and development.

Rolith coatings are enabled by a proprietary nanolithography system, which offers superior throughput, lower cost and higher quality compared to existing methods. The company was formed by Dr. Boris Kobrin, Prof. Mark Brongersma and Julian Zegelman in 2008.

"We are excited to lead the Series A investment in Rolith, Inc. We believe that the company's proprietary large-scale nanocoating method has great potential to become the new standard for a vast variety of industrial and consumer applications," said Aidar Kaliev, Global Head of Venture Capital at VTB Capital. "The team has an impressive track-record with several nanotech start-ups, combines Russian and US scientific backgrounds and has the necessary skills and experience to lead the company to success."

"We are very fortunate to have the support of world's leading glass producer, AGC (Asahi Glass Company) Group, and DFJ VTB Capital Aurora, a highly reputable nanotechnology investor associated with one of the major Russia's banking groups, VTB Group," said Boris Kobrin, Founder and CEO of Rolith. "This investment will allow us to scale up our nanostructuring technology to substrate areas larger than what is offered by any competitors and demonstrate feasibility of the first few of our nanostructured coatings."

"Rolith's nanostructure technology which can be applied cost effectively to large area glass could open the door for practical applications to products beyond our current imagination," said Naoki Sugimoto, General Manager of Global Technology Networking at AGC America Inc.

####

About Rolith, Inc.
Rolith, Inc. is developing advanced nanostructured products for solar energy, green building, solid state lighting and efficient display products using a proprietary nanolithography technology.

About DFJ VTB Capital Aurora

DFJ VTB Capital Aurora, a DFJ Global Network fund, is managed by VTB Capital. The fund is focused on backing early-stage companies developing cutting-edge proprietary technologies in material science, nanoelectronics, cleantech as well as leading start-ups in IT and Internet.

About VTB Capital

VTB Capital (www.vtbcapital.com), the Investment Business of VTB Group, is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses. Since its foundation in 2008, VTB Capital has taken part in more than 235 ECM and DCM deals, which were instrumental in attracting USD 96.3bn worth of investments to Russia and CIS. VTB Capital offers a full range of investment banking products and services to Russian and international clients, focusing on arranging operations in the debt, equity, global commodities markets, developing investment and asset management, advising clients on M&A and ECM deals in Russia and abroad. VTB Capital operates in Moscow, London, Singapore, Dubai, Hong Kong, New York, Paris, Sofia, Kiev and Vienna, with headquarters in Moscow. VTB Capital holds top positions in the debt and equity capital markets in Russia and CIS according to the league tables for 2011 by Dealogic and Bloomberg. In 2011 VTB Capital research team was ranked #1 in Thomson Reuters Extel Survey and Institutional Investor All-Russia Investor Survey.

About AGC America

AGC America is a wholly owned subsidiary of Asahi Glass Co., Ltd. It is the holding company for the major North American subsidiaries that manufacture glass, chemicals and electronic materials.

For more information, please click here

Contacts:
Holly Kinzell
415.905.4013

Copyright © Marketwire

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

Halas wins American Physical Society's Lilienfeld Prize: Rice University nanoscientist honored for pioneering research in plasmonics October 23rd, 2017

GTC Shanghai Highlights GF’s Momentum in China: Company shares details of technology roadmap and customer adoption in the world’s fastest-growing market for semiconductors October 23rd, 2017

Nanobiotix completes patient inclusion for Phase II/III trial of NBTXR3 in soft tissue sarcoma October 23rd, 2017

Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) October 23rd, 2017

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

180 Degree Capital Corp. Appoints Investment Banking Veteran Parker Weil to Its Board of Directors August 2nd, 2017

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Caught on camera -- chemical reactions 'filmed' at the single-molecule level March 22nd, 2017

Materials/Metamaterials

Strange but true: turning a material upside down can sometimes make it softer October 20th, 2017

MIPT scientists revisit optical constants of ultrathin gold films October 20th, 2017

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

The secret to improving liquid crystal's mechanical performance: Better lubricating properties of lamellar liquid crystals could stem from changing the mobility of their structural dislocations by adding nanoparticles October 13th, 2017

Announcements

Nanobiotix completes patient inclusion for Phase II/III trial of NBTXR3 in soft tissue sarcoma October 23rd, 2017

Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) October 23rd, 2017

Researchers bring optical communication onto silicon chips: Ultrathin films of a semiconductor that emits and detects light can be stacked on top of silicon wafers October 23rd, 2017

Nanotube fiber antennas as capable as copper: Rice University researchers show their flexible fibers work well but weigh much less October 23rd, 2017

Energy

New nanomaterial can extract hydrogen fuel from seawater: Hybrid material converts more sunlight and can weather seawater's harsh conditions October 4th, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 2017

Copper catalyst yields high efficiency CO2-to-fuels conversion: Berkeley Lab scientists discover critical role of nanoparticle transformation September 20th, 2017

Solar-to-fuel system recycles CO2 to make ethanol and ethylene: Berkeley Lab advance is first demonstration of efficient, light-powered production of fuel via artificial photosynthesis September 19th, 2017

Construction

Corrosion in real time: UCSB researchers get a nanoscale glimpse of crevice and pitting corrosion as it happens September 14th, 2017

Here's a tip: Indented cement shows unique properties: Rice University models reveal nanoindentation can benefit crystals in concrete July 20th, 2017

Russian scientists create new system of concrete building structures: Sientists of Peter the Great Saint-Petersburg Polytechnic University developed a new construction technology April 24th, 2017

Next-gen steel under the microscope March 18th, 2017

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