Nanogram secures $32 million for solar business

Ready? Greenbang is going to talk to you about Nanogram. Thankfully, this doesn’t involve any elderly female relatives in a state of undress appearing to celebrate a birthday or stag do; no, this Nanogram makes “unique nanostructured materials for optical, electronic and energy applications” and has just secured $32 million in funding for the solar arm of its business.

The new funding will be used to accelerate development of NanoGram’s proprietary silicon solar technology and its advanced nanomaterials solutions for flat panel displays, solid state lighting, lithium-ion batteries, and printed electronics.

Ira Ehrenpreis, General Partner at Technology Partners, concurs stating, “NanoGram has already seen the successful spinouts of NeoPhotonics and NanoGram Devices, and is now pursuing additional exciting Cleantech opportunities in new large markets with their energy and advanced materials technologies. Managed by seasoned executives, the company continues to execute towards their vision of being a leading provider of nano-enabled materials solutions to their customers and partners.”