NanoComp Technologies Secures $6,000,000 New Funding

  • Feed Type
  • Date
    10/31/2013
  • Company Name
    NanoComp Technologies
  • Mailing Address
    57 Daniel Webster Highway Merrimack, NH 03054
  • Company Description
    NanoComp Technologies Inc (NCTI) was formed in 2004 as a spin-out of Synergy Innovations, Inc. a Concord, NH based technology development company. NCTI’s purpose is to leverage its proprietary and fundamental advancements in the production of long carbon nanotubes together with a unique ability to fabricate them into physically strong, lightweight, electro-thermally conductive yarns and felts.
  • Website
    http://www.nanocomptech.com
  • Transaction Type
    Debt
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Nanocomp will use the funds for working capital purposes.
  • M&A Terms
  • Venture Investor
    Horizon Technology Finance
  • Venture Investor
    Undisclosed