Molecular Imprints Raises $12.9m Round

Molecular Imprints, Inc., Austin’s premier company in nanopatterning systems and solutions, has announced the successful completion of $12.9 million in financing. Investors in this round include Draper Fisher Jurvetson, Tokyo Electron Venture Capital, Wafra Investment Advisory Group, KT Venture Group, Alloy Ventures and Motorola Ventures. This latest investment brings the total amount raised by Molecular Imprints for the development and commercialization of its innovative Step and Flash Imprint Lithography (S-FIL(R)) technology to $91 million — $73 million in strategic and venture capital financing, $15 million from federal government agencies, such as the Defense Advanced Research Projects Agency (DARPA), and $3 million from the Texas Emerging Technology Fund.

“This additional financing will enable further enhancements to our technology and product portfolio, and allow us to expand operations to support increasing demand for our products in a number of markets,” said David Gino, chief operating and financial officer of Molecular Imprints. “Looking a little further into the future we believe this financing will provide a funding bridge to a possible public offering in 2009.”

This entry was posted in Cleantech and tagged , by Bryan Menell. Bookmark the permalink.

About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>