Nanozen Receives Early Stage Funding from e@UBCWednesday, August 12, 2015
Vancouver, BC, August 12, 2015--(T-Net)--Nanozen, a UBC-affiliated startup developing accurate, lightweight sensors to monitor harmful airborne particles in industrial settings, announced that it has received early stage funding from the e@UBC Seed Fund.
With the Seed Fund investment, along with other investments, allows Nanozen to move into new laboratory and office space in Vancouver and continue to develop their technology.
Terms of the financing have not been released.
AngelList reports that the company earlier raised a $200K seed round in late 2014, at a $2.2 million valuation.
The e@UBC Seed Fund is a key source of early stage risk capital for high potential businesses in the e@UBC ecosystem. The Seed Fund invests risk capital in new and innovative startups founded by UBC students, alumni, faculty and staff.
These early investments are key in helping our startups build momentum in their businesses and serves as a bridge to additional outside investment. The Seed Fund has been created through the generous charitable contributions of UBC alumni and others.
Nanozen is developing a handheld particle detector for carcinogenic and explosive particles. Helps prevent explosions in sawmills and cancer for workers in mines, mills, factories, food processing plants worldwide ($1.3B market) . Products are based on an industry changing and patented (pending) technology out of UBC by Founder Dr Winnie Chu. There is a pent up demand in BC alone of $2M. Competition products are ineffective for the applications according to the target customers.
Copyright © T-NET. All Rights Reserved. | http://www.bctechnology.com
buy viagra pill online
cheap viagra india
cheap herbal viagra
cheap pill viagra
buy levitra viagra online
buy viagra cialis levitra
cheap pharmaceutical viagra
buy viagra online and get prescription
buy viagra online online pharmacy
buy say viagra
buy line viagra
buy female viagra
buy line viagra where
cialis overnight shipping
purchase viagra online
buy generic viagra usa