BASF Venture Capital GmbH of Ludwigshafen, Germany, has announced an investment in the U.S. startup company NanoMas Technologies Inc. NanoMas develops inks containing silver nanoparticles that are easily processed to electrical circuits in printed electronics, solar cells and special adhesives. The technology offers improved performance for printed RFID labels.
Silver is a highly conductive metal resistant to oxidative conditions, and the nanoparticle ink produced by NanoMas is suitable for use in transistors, conductors and semiconductors. NanoMas’s chemical process enables silver nanoparticles to be processed at low temperatures, making the process more efficient and less expensive. The process is also suitable for printing on heat-sensitive materials like paper and plastic.
BASF Venture Capital is investing $1.5 million in the startup, part of a $3.2 million initial round of financing. Other investors in the include Earthrise Capital Partners, LLC and NanoMaterials Investors, LLC. NanoMas palns to use the funds to expand its production capacity, invest further in research and development, and for