Nuovo Film Inc., a Suzhou Industrial Park, China- and the Silicon Valley-based developer of nano-materials for Touch applications, received a vc investment of undisclosed amount.
Backers included Intel Capital, Intel’s global investment and M&A organization, and Northern Light Venture Capital, a China focused technology fund.
The company intends to use the funds to scale up the production of Nuovo Film’s proprietary silver nanowire conductive film and foldable printed Touch sensor products and grow its revenue in global OEMs.
Led by Kai Jiang, CEO, Nuovo Film develops, manufactures and markets innovative nano-materials and currently focuses on Touch applications. The company’s products have been designed into smart phones, tablets, PCs, wearable devices, and further penetrating into Smart Home, Smart Office, and Smart Classroom devices, such as coffee tables, white boards, and display walls.
Working with Intel, Nuovo Film will integrate its printed Touch sensors based on proprietary Crystode® film product into Intel architecture mobile and computing devices to bring disruptive values to both end users and OEM customers.