Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > Nanotechnology Company Closes Equity Financing, Solidifies Strategic Additions to Management Team

Abstract:
This week Carbon Nanoprobes Inc. (CN Probes), a nanotechnology firm, announced that it had successfully closed an A-round of investment capital as well as solidified several strategic additions to its management team.

Nanotechnology Company Closes Equity Financing, Solidifies Strategic Additions to Management Team

Seattle, WA | Posted on January 8th, 2008

This week Carbon Nanoprobes Inc. (CN Probes), a company specializing in nanotechnology and biotechnology, announced that it had successfully closed an A-round of investment capital as well as solidified several strategic additions to its management team.

News Image

The funding will be used to complete the development and launch of CN Probes' flagship product, a carbon nanotube probe tip for the atomic force microscope (AFM). The product is a revolutionary imaging platform that will allow scientists and engineers in multiple fields, from biotechnology to chip fabrication to "see more and know more." As explained by the Company's CEO, 24-year-old Brian Ruby, "We take pictures of tiny things. We're nanophotographers and our pictures have value to scientists in multiple fields."

Silicon pyramids are the standard used as probes for AFM today. Although their production is well known and relatively inexpensive, making them quite affordable to the end user, some of their inherent properties currently limit the applicability of AFM to a wider and more demanding range of applications, as have been created by recent developments especially in nanotechnology and biotechnology. Carbon Nanotubes (CNTs) have been known since 1991, when multi-walled tubes (MWNT) were first synthesized. Single-walled tubes (SWNT) were isolated in the lab for the first time in 1993. Since then research groups around the world have been demonstrating many of the postulated highly favorable mechanical, electronic, thermal and structural properties especially of the SWNTs.

Key challenges to be addressed in the mass-production of CNT probe tips include reliably controlling tube yield, length, alignment and diameter. CN Probes has a continually growing IP portfolio designed with these challenges in mind. Providing an improved and reliable AFM probe technology as described above would meet the needs of a number of new evolving markets. CN Probes expects a release of its signature products some time in 2008.

Concurrent with the closing of financing, CN Probes also enhanced its management team and board of directors. Among whom are Brian Morton, a 10-year startup veteran as Chief Marketing Officer and 3 new directors, all of whom have had previous management and/or directorate experience at public companies. Morton commented, "I am a senior management executive with 14 years of progressive experience in the Medical Device Industries…when deciding on my next career move, I wanted to choose an organization that had superior technology, a product that would excel in the market place, and talented executive leadership with a sold business model…after meeting with Brian, I quickly realized that CN Probes possesses all of those qualities and more."

####

About Carbon Nanoprobes Inc.
CN Probes was founded in 2003 and is committed to the mass fabrication of nanostructured AFM consumables. The nanotechnology company is based on a technology platform invented by CN Probes' CEO and Founder, providing many innovations to the biotechnology field.

For more information, please click here

Contacts:
Brian Morton
Chief Marketing Officer
Carbon Nanoprobes
Phone: 619-778-0297

Copyright © PRWeb™

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

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

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

Graphene Flagship start-up Bedimensional closes a second €10 million investment round February 10th, 2023

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021

180 Degree Capital Corp. Reports +6.7% Growth in Q4 2020, $9.28 Net Asset Value per Share as of December 31, 2020, and Developments from Q1 2021 Including Expected Investment in a Planned SPAC Sponsor February 22nd, 2021

Announcements

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Tools

First direct imaging of small noble gas clusters at room temperature: Novel opportunities in quantum technology and condensed matter physics opened by noble gas atoms confined between graphene layers January 12th, 2024

New laser setup probes metamaterial structures with ultrafast pulses: The technique could speed up the development of acoustic lenses, impact-resistant films, and other futuristic materials November 17th, 2023

Ferroelectrically modulate the Fermi level of graphene oxide to enhance SERS response November 3rd, 2023

The USTC realizes In situ electron paramagnetic resonance spectroscopy using single nanodiamond sensors November 3rd, 2023

Appointments/Promotions/New hires/Resignations/Deaths

The National Space Society Mourns the Passing of Robert Krone, Founder of the Kepler Space Institute: Krone's Visionary and Humanistic Approach to the Study of Space Communities and Settlement Was Unique September 22nd, 2021

Leibniz Prize winner Professor Dr. Oliver G. Schmidt moves to Chemnitz University of Technology: President Professor Dr. Gerd Strohmeier refers to an 'absolute top transfer' September 10th, 2021

JEOL USA Welcomes New Managing Director, Hidetaka Sawada April 19th, 2021

The National Space Society Remembers Ben Bova : NSS Mourns the Loss of a Visionary NSS Leader December 2nd, 2020

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project