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| Home : N12 Technologies Raises $23 Million of Growth Capital |
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Sep 23
2015 |
N12 Technologies Raises $23 Million of Growth Capital |
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CAMBRIDGE, MA--(Marketwired - September 22, 2015) - N12 Technologies Inc. ("N12"), a leading nanotechnology company that enhances mechanical strength of composite materials, announced that it has closed financing totaling over $23 million from a group of highly respected investors. The new investment will be used to finance the world's first and only industrial-scale, continuous production of vertically aligned carbon nanotubes ("VACNTs"). These VACNTs will be used to create N12's award-winning, revolutionary product NanoStitchT, which significantly increases interlaminar strength of composite materials. |
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| Source:http://www.marketwired.com/mw/release.do?id=2057581&sourceType=3 |
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