Home > News > BASF Venture Capital increases stake in U.S. nanotech company SDCmaterials
June 26th, 2007
BASF Venture Capital increases stake in U.S. nanotech company SDCmaterials
Abstract:
BASF Venture Capital GmbH, Ludwigshafen, Germany, is increasing its shareholding in SDCmaterials, Inc, Arizona, U.S. SDCmaterials develops and produces innovative nano materials for customers in the automotive and chemical industries as well as for the medical technology sector.
SDCmaterials has raised $6.3 million (approximately €4.7 million) in its Series A financing round, of which BASF Venture Capital is providing $2 million (approximately...
Source:
polymerupdate.com
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