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Germanys ERP Start Fund to Invest Up To 1M in Namos for Bio-Nanotech Automotive Catalysts
Posted on October 13, 2008
Namos GmbH,, a company developing surface solutions based on bio-nanotechnology, will receive up to 1 million (US$1.36 million) from the ERP Start Fund, a joint program of the Kreditanstalt f r Wiederaufbau (KfW), the German government-owned development bank, and the German Federal Ministry of Economics and Technology. The funds, to be provided in the form of an equity investment, will be disbursed in several tranches which are contingent on the achievement of specific milestones in product development. Namos develops innovative coatings based on aqueous solutions, with a focus on nanostr...
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