Business News Archive: Rehovot's ApNano raises $5m. in second round of financing

Thursday, January 27, 2005 -- Rehovot-based ApNano Materials said Wednesday it raised $5 million in its second round of financing from European private investors. The maker of nanotechnology- based products said it is negotiating an additional investment of $1m. which will complete the round at a post- money valuation of $22m.

The money raised will be used to construct a semi- industrial manufacturing plant..."

Source: Zev Stub. Rehovot's ApNano raises $5m. in second round of financing. Jerusalem Post: Economics (27 Jan 2005) p.17 [Search FullText]