Pixelligent Technologies Raises $5.1M in Equity Funding

Pixelligent Technologies, a Baltimore, MD-based producer of a product family of nanocrystal dispersions for demanding applications in the electronics, semiconductor, and industrial markets, raised $5.1m in a new equity funding.

This round was led by existing investor the Abell Foundation.

The company intends to use the funds to accelerate the scaling-up of its manufacturing capacity (in Baltimore, Pennsylvania, and Delaware) and to hire application, engineering, and business development focused employees.

Led by Craig Bandes, President & CEO, Pixelligent Technologies manufactures Zirconia and Hafnia nanocrystal additives and polymer nanocomposites for the electronics and semiconductor markets. The company recently launched PixClearâ„¢, its first product family of nanocrystal dispersions.

FinSMEs

03/05/2013

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