Selah Technologies Closes $1.5 Million Private Financing Round
(Greenville, SC: May 15, 2008) Selah Technologies, an advanced materials manufacturer, announced today that it has closed on a $1.5 million Series A private financing round. This funding will enable the company to make considerable strides in the commercialization of its two core platform nanomaterials technologies, Selah DotsTM and Selah TubesTM.
”We are grateful for the confidence our investors have shown in our company. We appreciate the investment they have made and recognize the important responsibility we have to remain good stewards of that investment and their trust,” says Michael Bolick, CEO of Selah Technologies.
Selah DotsTM are carbon-based quantum dots that can be used for various applications, including life sciences, solar cells and anti-counterfeiting, among others. Selah TubesTM, enriched carbon nanotubes, have a number of applications due to their impressive electrical conductivity properties.
| Organizations | Selah Technologies |
|---|---|
| Source | Selah Technologies |
| Submitter | Meredith Kinsey |
| Tags | Advanced Materials, nanomaterials, Nanotechnology, Selah Dots, Selah Tubes, Venture Capital |
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