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Nanotechnology - Wednesday, November 30, 2005

Plastic Logic - Profile

Plastic Logic = iPod Technology for Newspapers HQ: Cambridge, MA Founded: November 2000 Management: Stuart Evans is CEO. He founded and was Managing Director of electronic tagging firm Cotag International. Professor Henning Sirringhaus is Chief Scientist and he is Hitachi Professor of Electron Device Physics at Cambridge University. He's a smart dude who did post-doctoral research at Princeton and has a PhD from the Institute of Solid State Physics of ETH Zurich. Investors: In November 2005, the company closed $20M in Series C funding for a total investment to date of nearly $50M. New investors are BASF Venture Capital, Intel Capital, Morningside Technology Ventures and Quest for Growth. Previous investors are: Amadeus Capital, PolyTechnos Venture-Partners, Dow Venture Capital, Bank of America Equity Partners, Yasuda Enterprise Development Co., , Siemens Venture Capital, and Nanotech Partners. Business Model: The company's technology enables new applications by printing electronics on thin, flexible plastic substrates. Plastic Logic plans to license out its technology for use in applications such as flexible e-paper displays. Plastic Logic's backplane technology initial focus is e-readers, such as e-books, e-dictionaries, e-maps, and e-newspapers). These displays will typically be wirelessly connected to cell phones and PDAs, allowing mobile users to access... Continue...