While some insist that nanotech is a fad, venture capitalists more than doubled the amount of money invested in U.S. nano companies in 2005.
Venture investments in U.S. nanotech companies came to $434.3 million in 2005, up 121 percent over the previous year's $196.4 million, according to an analysis of the MoneyTree Survey by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association conducted by Small Times Magazine. (The Magazine works with the other organizations on analyzing the numbers.)
Some of the bigger deals involved Aspen Aerogels, which makes a space age insulation. The … Read more