NanoGram raises $18.7 million

Jan. 18, 2006 — NanoGram Corp., a developer and licensor of core process technology enabling the manufacture of nanostructured materials for optical, electronic and energy applications, announced that it has raised $18.7 million in a new round of financing.

The round was led by Technology Partners and included all existing NanoGram investors: ATA Ventures, Nth Power Technologies, Bay Partners, Harris & Harris Group, Rockport Capital Partners, Institutional Venture Partners and SBV Venture Partners.

The company said the new funding will be used to expand efforts in optical nano-composites and applications of nanomaterials in energy products, and to pursue innovations in electronic materials and composite structures for imaging applications.

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