28 Oct '11, 5pm

Nurturing Basic Nanotech Research for Others to Enjoy the Fruit

Nurturing Basic Nanotech Research for Others to Enjoy the Fruit

It seems the last decade of the US—along with parts of Europe and Asia—pouring money into nanotechnology research, which led to a few fledgling nanotechnology-based businesses, is finally paying off…for Russia. Russia through its RusNano investment organization is picking up small nanotechnology startups from around the world at attractive prices after countries outside of Russia have invested billions in supporting the basic research that made some of these companies possible. The latest announcement is that RusNano will be investing $25 million in BIND Biosciences and $25 million in Selecta Biosciences , which, according to the RusNano press release, accounts for a total RUSNANO investment of $50 million within the total financing rounds of $94.5 million in the two companies combined. In the case of these two companies, I really don’t know to what extent their initial te...

Full article: http://spectrum.ieee.org/nanoclast/semiconductors/nanotec...

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Our Little Smarties | Enjoy Our Lives, Enjoy Our Children! » The New Punggol Waterway

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