Unidym takes $10.4M for carbon nanotubes
Unidym, which is a subsidiary of Nasdaq-traded Arrowhead Research (ARWR), makes carbon nanotubes for the electronics industry.
The company, based in Menlo Park, Calif., makes products that are used in display panels, lightning and photovoltaic cells, among other equipment.
Arrowhead provided $3 million of the total $10.4 million, with the remainder coming from Battelle Memorial Institute, Tokyo Electron Ventures and several undisclosed investors. [via VentureWire ]
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.