Nano Science and Technology Institute

Nantero Closes $10 Million Series D Financing Round

By: Jennifer Rocha

Massachusetts-based nanotech company cites short-term commercialization as attractive to the investors.

The new financing round was provided by two current strategic corporate investors.  Nantero is on the cusp of commercializing its revolutionary NRAM™ memory, and its licensees are starting to bring the technology to the marketplace.  Mr. Greg Schmergel, Founder and CEO of Nantero, notes in the release “We are excited to be working with multiple forward-looking industry leaders that see the value NRAM can bring.”

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