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NanoSight Raises £250k in Second Tranche of Fundraising

Published: Wednesday, September 27, 2006
Last Updated: Wednesday, September 27, 2006
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The investment supports Company’s current sales drive and develops capabilities in nanoparticle analysis.

NanoSight Ltd has announced it has secured significant investment to support its current sales drive and develop capabilities in nanoparticle analysis in the sub-500nm region.

NanoSight has received £250,000 from Strathdon Investments plc ("Strathdon"). This latest tranche is the second in a round of investment totalling £500,000, led by Strathdon and including the South West Venture Fund and a private investor. 

The Company has recently announced the launch of the NANOSIGHT LM10, a nanoparticle characterisation system that is designed to enable accurate visualisation of individual nanoscale particles in suspension.

The system allows the user a direct qualitative view of the sample under analysis from which independent quantitative estimation of particle size and size distribution can be immediately obtained.

The NANOSIGHT LM10 builds on the work of the original HALO system and includes a software package that is designed to minimise noise, enable near-real time operation, direct control of the camera and improved centring and tracking capabilities.

"Nanoparticle analysis is now becoming a key tool across a wide variety of disciplines and our system costs less than a tenth of electron microscopy techniques traditionally used for this purpose," commented Jeremy Warren, CEO of NanoSight.

"This investment round will enable us to support our growing business and the development of new instruments and processes to further support our customers’ analysis requirements."

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