Nanomix stirs up $9M second round

Sept. 16, 2002 — Nanomix Inc., an Emeryville, Calif., developer of nanotech-enabled chemical sensors and hydrogen storage technologies, has raised $9 million in second round funding, according to Charles Janac, president and chief executive officer. New investors Apax Partners and Sevin Rosen Funds led the round. New investor Enertech Capital Partners and previous investors Alta Partners and Goran Lindahl also participated, in addition to unnamed individual investors.

Janac said the company’s goal is to ship chemical sensors by the end of 2003. It is currently focused on overcoming the technical hurdles inherent in combining its sensors with silicon wafers in a manner compatible with volume production methods.

“We’re looking to integrate nanotubes and CMOS in a way that’s reproducible in hundreds of thousands of units,” Janac said. Initial customers are expected to be in industrial safety and monitoring.

The company’s hydrogen storage initiative — targeted at fuel cells for automobiles and portable electronics — is not as far along. Janac said the company is currently doing lab-scale prototyping.


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