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Nantero Nabs $31 Million Venture Capital Funding

Thursday, February 5, 2015 5:45:00 AM PDT | VentureDeal

Woburn, Massachusetts -- Nanotechnology company Nantero has received $31.5 million in new venture capital equity funding, according to an SEC filing.

Nantero uses carbon nanotubes for the development of next-generation semiconductor devices.

Investors in the financing were not disclosed.

Nantero is still seeking $10 million in additional financing, according to the filing.

The company is backed by a syndicate of venture capital firms, including CRV, DFJ, Globespan Capital Partners, Harris & Harris Group and Stata Venture Partners.

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