Atonarp Raises up to $16M in Funding

AtonarpWebLogo2Atonarp Inc., a Tokyo-based developer of advanced spectroscopic instruments, raised up to $16m in funding.

The round was led by Innovative Network Corporation of Japan (INCJ) with participation from Walden-Riverwood Ventures and Innovative Venture Fund Investment.

The funds will be used to commercialize Atonarp’s first generation of Smart Spectrometers™.

Established in November 2009 and led by Prakash Murthy, Chief Executive Officer, Atonarp provides miniaturized Smart Spectrometer™, a real-time molecular data analytic tool to be used in industrial gas process analytics applications in the energy, pharmaceutical, petrochemical and semiconductor industries.

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