NanoSight raises second tranche of fundraising

Sept. 27, 2006 — NanoSight Ltd., a provider of instruments for the optical detection and real time analysis of sub-micron particles, announced it has secured investment to support its current sales drive and develop new capabilities in nanoparticle analysis in the sub-500 nm region.

NanoSight has received $473,000 from Strathdon Investments plc. This latest tranche is the second in a round of investment totalling $946,000 led by Strathdon and including the South West Venture Fund and a private investor.

The company has recently announced the launch of the NANOSIGHT LM10, a nanoparticle characterization system that enables highly accurate visualization of individual nanoscale particles in suspension. The system allows the user a simple and direct qualitative view of the sample under analysis from which independent quantitative estimation of particle size and size distribution can be immediately obtained.

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