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