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Molecular Imprints secures $12.9 million financing round

19 May 2008 | By Mark Osborne | News > Lithography

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Molecular ImprintsMolecular Imprints has successfully completed a $12.9 million round in new funding, taking its tally to $91 million in total. This includes $73 million in strategic and venture capital financing, $15 million from U.S. federal government agencies and $3 million from the Texas Emerging Technology Fund.

"This additional financing will enable further enhancements to our technology and product portfolio, and allow us to expand operations to support increasing demand for our products in a number of markets," said David Gino, COO and CFO of Molecular Imprints. "Looking a little further into the future we believe this financing will provide a funding bridge to a possible public offering in 2009."

Investors in the latest round include Draper Fisher Jurvetson, Tokyo Electron Venture Capital, Wafra Investment Advisory Group, KT Venture Group, Alloy Ventures and Motorola Ventures.

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