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Cnano Collects $15 Million Series C Funds

Wednesday, April 22, 2015 5:30:00 AM PDT | VentureDeal
   San Francisco, California  --  Nanotechnology company Cnano Technology Limited has received $15 million in its third round of venture capital and strategic investment.

Cnano manufactures carbon nanotubes and related products for a variety of vertical market segments including energy, environmental, cleantech, electronics and specialty materials.

GRC SinoGreen Fund Led the round, which included Hotung Capital Management, Pangaea Ventures, Presidio Ventures, WI Harper and IDG Capital Partners.

The company said it would use the funding to expand its carbon nanotube manufacturing facilities in China.

Cnano raised its first round of venture capital financing in 2007.

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