Cambrios closes on $9m financing

Feb. 2, 2005 — Cambrios Technologies Corp., a Mountain View, Calif., developer of biological systems for the assembly and synthesis of materials for electronics, announced the first closing of $9 million toward a $12 million second funding round.

In-Q-Tel, Harris & Harris Group Inc. and Headland Ventures joined existing investors Alloy Ventures, ARCH Venture Partners, Avalon Ventures, Lux Capital, and Oxford Bioscience Partners in the round. The company says it will use the new funds to accelerate development of biochemical materials for electronic manufacturing processes and other commercial products.

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