Flexible Electronics News

Canatu Raises €18 Million Capital for Growth

Canatu plans to accelerate its vision to create the most advanced carbon nanotubes for industry-transforming products.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Canatu announced the closing of a €18 million funding round, led by long-standing investors 3M Ventures, the venture capital arm of 3M, Ascend and eFruit International Inc. New investors to Canatu also included Minth Group Ltd., Nordea, and Varma. With this latest funding round, Canatu has raised a total of €74M€ in financing since 2008. With its most recent funding round, Canatu plans to accelerate its vision to create the most advanced carbon nanotubes for industry-transforming products....

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