DGAP-News: Nanostart Asia Pacific: further expansion
(firmenpresse) - DGAP-News: Nanostart AG / Key word(s): Miscellaneous
Nanostart Asia Pacific: further expansion
13.09.2012 / 06:00
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- Additional fundraising of up to 4 million SGD
- Advisory board with renowned experts
- New investment under preparation
Frankfurt / Singapore - September 13, 2012 - Nanostart Asia Pacific is
preparing an additional fundraising of up to 4 million SGD for its further
expansion. A large part of the amount has already been committed. As in the
previous funding in February 2012, the money comes from the existing
shareholders and new investors based in the region. It shall be used for
follow up funding the existing portfolio. Furthermore Nanostart Asia
Pacific is already working on new investment opportunities.
In addition the company has formed an advisory board with renowned experts
in order to support the further development of the company. The board will
initially comprise of Harry De Wit, President Asia with Covidien, Prof. Dr.
Uwe Klima, Head of Cardiosurgery at the American Hospital Dubai, Günter
Mayer, Senior Manager with Infineon, Jürgen Binzer, Entrepreneur and Vice
President with Hollingsworth&Vose in Germany and Chua Hong Moh,
Entrepreneur from Singapore. The advisors will support the company's
further development and its expansion in Asia by providing their expertise
as well as their broad network.
The announcement is made during the event 'Investing in Singapore
Nanotechnology' at Singapore Polytechnic, where Nanostart Asia Pacific and
Singapore Polytechnic jointly feature their activities in the nano- and
high-tech space to the investment and business community.
About Nanostart:
Nanostart AG headquartered in the German financial capital of Frankfurt, is
a leading nanotechnology investment company, with portfolio companies
spanning the globe from Silicon Valley to Singapore. The company provides
venture capital financing for nanotechnology companies in various growth
phases with a focus on innovation-driven industries of the future such as
cleantech, life sciences and IT/electronics. As main shareholder of
Nanostart Asia Pacific Ptd Ltd, Nanostart invests as partner of the
Singapore government.
About Nanostart Asia Pacific:
Nanostart Asia Pacific Pte Ltd was established in Singapore in 2012 with
the goal to explore the growth markets of Asia. As a venture capital
investment company, Nanostart Asia Pacific invests in young, up-and-coming
nanotechnology companies which are approaching market launch or have
innovative products already on the market. In Singapore, it invests as a
partner of Singapore government via Nanostart Singapore Early-Stage Venture
Fund I Pte Ltd. It is a subsidiary of Nanostart AG. Other shareholders of
Nanostart Asia Pacific besides Nanostart AG are a number of strategic
venture capital investors out of Asia, who with their network and
experience are set to facilitate Nanostart's expansion in Asia, and the
company's management. For more information about Nanostart Asia Pacific,
please visit: www.nanostart-asia-pacific.com
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of
offers to purchase or subscribe to securities. There will be no public
offering of securities of Nanostart AG in conjunction with the existing
listing of its shares in the 'Entry Standard' segment of the regulated
unofficial market (Freiverkehr) on theFrankfurt Stock Exchange. This
notice does not constitute a securities prospectus. Neither this notice nor
the information contained within is intended for direct or indirect
distribution within Canada, Australia or Japan.
Media contact:
Nanostart AG
Dr. Hans Joachim Duerr
Head of Corporate Communications
Goethestrasse 26-28
60313 Frankfurt, Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 150
e-mail: presse(at)nanostart.de
End of Corporate News
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13.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Nanostart AG
Goethestraße 26-28
60313 Frankfurt
Germany
Phone: 069 / 2193 96111
Fax: 069 / 2193 96150
E-mail: presse(at)nanostart.de
Internet: www.nanostart.de
ISIN: DE000A0B9VV6
WKN: A0B9VV
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
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185070 13.09.2012
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Unternehmensinformation / Kurzprofil:
Datum: 13.09.2012 - 06:00 Uhr
Sprache: Deutsch
News-ID 182909
Anzahl Zeichen: 6484
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Kategorie:
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