NanoSteel closes $15M equity round

By
-
DAVID PARATORE, NANOSTEEL CEO and president, says that the company's recent $15 million round of equity investment will allow it to concentrate on developing its lightweight steel alloy and getting manufacturers to use the material. / PBN FILE PHOTO/MICHAEL SALERNO
DAVID PARATORE, NANOSTEEL CEO and president, says that the company's recent $15 million round of equity investment will allow it to concentrate on developing its lightweight steel alloy and getting manufacturers to use the material. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – NanoSteel Company Inc., an advanced materials firm, recently closed a multimillion dollar equity round, opening the door for commercialization of its high-strength, lightweight sheet steel. NanoSteel, founded in 2002, is a private company that designs and commercializes patented steels. Its current focus are lightweight sheet steel for the auto industry and metal powders…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR

No posts to display