Molecular Imprints Raises $12.9m Round
Molecular Imprints, Inc., Austin’s premier company in nanopatterning systems and solutions, has announced the successful completion of $12.9 million in financing. Investors in this round include Draper Fisher Jurvetson, Tokyo Electron Venture Capital, Wafra Investment Advisory Group, KT Venture Group, Alloy Ventures and Motorola Ventures. This latest investment brings the total amount raised by Molecular Imprints for the development and commercialization of its innovative Step and Flash Imprint Lithography (S-FIL(R)) technology to $91 million — $73 million in strategic and venture capital financing, $15 million from federal government agencies, such as the Defense Advanced Research Projects Agency (DARPA), and $3 million from the Texas Emerging Technology Fund.
“This additional financing will enable further enhancements to our technology and product portfolio, and allow us to expand operations to support increasing demand for our products in a number of markets,” said David Gino, chief operating and financial officer of Molecular Imprints. “Looking a little further into the future we believe this financing will provide a funding bridge to a possible public offering in 2009.”
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