Quantum Dots developer Nanosys raised $50 million in its Series B funding, led by Fortress, Centerbridge and Kilonova.
The company says that the new funds will help the expansion of its QD for LCD project, and also accelerate the commercialization of its microLED and nanoLED display technologies.
Back in 2021 it was reported that Nanosys is in talks to go public via a SPAC, in a $1 billion valuation, but that did not eventually happen.
Posted: Jul 25,2022 by Ron Mertens