Nanostellar, car catalytic converter company, raises $3M bridge round
Nanostellar, a Menlo Park, Calif. provider of platinum nano-composite catalyst solutions, is raising a $3 million bridge financing round, according to a regulatory filing cited by PE Wire. The company previously raised around $10 million, from firms like 3i Group, Khosla Ventures, AsiaTech Management Monitor Ventures, Firelake Capital Management, Big Basin Partners and Modu Angel Fund, according to the report.
See VentureBeat coverage of this company here.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
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