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AgileNano Collects Angel Group Financing

Friday, October 10, 2008 6:02:00 AM PDT | VentureDeal Staff

San Diego, California  --  Nanotechnology company AgileNano announced that it has raised under $500,000 in an angel investment round.

The company has developed a nanotechnology-based "compressible energy absorbing liquid." Agilezorb is a foam that absorbs energy on a nearly molecular scale increase in comfort for the users of military helmets and other consumer products including shoes and sporting goods.

The Tech Coast Angels made the investment, the proceeds purposes of which were not disclosed by the company.

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