NanoOpto Secure Another $7m in VC Funding

NanoOpto Corp has secured a further $7million in venture capital financing in its series B round of funding. The new funding comes from existing equity partners and takes their total funding to $27 million.

NanoOpto will use the additional funds for further technology and product commercialisation so that they can proceed to the revenue earning stage.

NanoOpto are making novel optical components by manipulating light with nanoscale structures. Their technology offers several advantages over existing technologies and is suited to applications such as optical data transfer, telecommunications, sensors and displays.

For more information on materials used in displays, click here.

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