NanoGram raises $7 million second round

July 14, 2004 — NanoGram Corp., a San Jose, Calif.-developer of nanostructure processing technology, announced it closed a $7 million secondary round of financing.

ATA Ventures led the round. Nth Power Technologies, Bay Partners, Harris & Harris Group, Rockport Capital Partners and SBV Venture Partners also participated.

The company also announced a new licensing program, AccessNano, to facilitate licensing to industrial partners. Nanogram’s technology is currently used by three different firms for use in making optical devices, solid oxide fuel cells and batteries for medical devices. In March, one of the licensees, spinout NanoGram Devices Corp., was bought by Wilson Greatbatch Technologies Inc.

Bryant Tong of Nth Power Technologies and Bob Williams of Bay Partners have joined the NanoGram board.


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