« European Angel Money Finds gBox | Main | VC Money Piles Into UK Web Ventures: W7 and TouchLocal »
January 21, 2008
Telco Magnate Invests in NanoIdent
Austrian printed sensor startup Nanoident has raised new capital of an undisclosed amount from Istanbul-based MV Holding, an investment vehicle that was founded by Murat Vargi, a Forbes 2007 billionaire, and one of the founding shareholders of one of Europe's largest GSM operators.
We recently profiled Nanoident for more details about the company.
The new capital is to be used to develop and grow the business. Nanoident has built one of the first commercial fabs for printing semiconductor devices worldwide.
Vardi said in a statement: “MV Holding has always invested carefully and selectively. After an extensive review process, we are confident that NANOIDENT will provide a strong and sustainable ROI (return on investment), and look forward to a long and prosperous relationship with this innovative company.”
Posted on January 21, 2008 05:38 PM | Posted to News And Updates | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/6700
