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Nanoledge Raise 1M Euros for a New Generation of High Performance Composites

03 September 2006

Nanoledge has raised 1,000,000 euros from financial investors who have been supporting it ever since it was formed.

Nanoledge say that the success of this recent fund raising effort confirms the commercial potential of their technology in the high performance composites market.

Philippe Capdevielle, Chairman of the Board of Directors of Emertec Gestion, the major investor in the financial pool points out: “With the recognised technological progress it has made on the international scene together with the recent fall in the price of carbon nanotubes, Nanoledge aims to be a player in the nanocomposite market that one should watch”.

Nanoledge was formed in 2001, the product of a spin-off from the CNRS (the National Scientific Research Centre in France) as a result of research being carried out in the nanotechnology field. Initially, a producer of carbon nanotubes, Nanoledge has in recent years moved in to the industrial value chain focussing on the development of integration technologies, essential elements for optimum transference of intrinsic carbon nanotube properties into a finished product.

In this process, Nanoledge designs, develops and markets proprietary “Nano In” technology that will enable carbon nanotubes to be integrated into various polymer matrices.

Its CEO, Franck Bennardi summarised his objectives as follows: “We have to get beyond the Nano effect so that we can move towards Nano performance. The company now has its sights set on two types of market, the sports market which is a niche market in which Nanoledge has already concluded some contracts and other markets such as the plastics technology, the automobile, the aeronautics and the construction markets working in co-development partnerships with industrial partners”.





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