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January 14th, 2008

NanoGram lands $32 million, bulks up solar business

Abstract:
NanoGram, a company with a nanomaterial manufacturing process, has raised $32 million in venture funding which will be used to accelerate development of its silicon solar cells.

The Milipitas, Calif.-based company is one of many trying to engineer a leap in solar cell efficiency using materials technology.

The efficiency of traditional silicon solar cells--the most widely used material for cells--is progressing incrementally.

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