PRESS RELEASE ARCHIVE
25.1.2010
29.9.2010 Canatu Ltd. Closes 4.7 Million Euro Financing Round Canatu Ltd., a leading edge nanotechnology company announced today a 4.7 Million Euro investment package from Inventure Ltd., Infosto Ltd. and The Finnish Technology Development Agency
Canatu Ltd., a leading edge nanotechnology company commercializing carbon NanoBud thin films for the electronics, optics and energy sectors announced today a 4.7 Million Euro investment package from Inventure Ltd., Infosto Ltd. and Tekes (the Finnish technology development agency) to fund its production development. Canatu's first products are flexible, robust and environmentally friendly transparent conductor films for user interfaces such as touch screens. Sami Lampinen of Inventure will join former Nokia CTO, Dr. Yrjö Neuvo, Aalto University Professor, Esko Kauppinen and CEO, Dr. David Brown on the Board of Directors. Ari Ahola of Infosto, Canatu's original angel investor, will continue as Chairman.
"We at Canatu are delighted to welcome Inventure to our team and to have Infosto reinvest. Both are proven and well respected investors whose collective experience, energy and focus will be invaluable in driving our final push to market", said David Brown, CEO of Canatu. "Canatu is one of Finland's most promising nanotechnology companies providing disruptive technology to fast growing global touch screen and haptic interface markets. We believe that Canatu will play a significant role in the future display industry", says Sami Lampinen, Managing Director of Inventure.
Inventure is a technology investor in early stage companies, actively supporting growth oriented entrepreneurs to internationalize Nordic success stories. Inventure's entrepreneur driven team works actively with the portfolio companies and brings their knowledge and network's support. Founded in 2005, Inventure manages funds with over EUR 53 million in total capital base. Inventure's portfolio companies include Beneq, Conmio, Freespee, Protie, Rightware, Silex Microsystems, and Upstream Engineering.
Mr. Ahola was a fighter pilot for the Finnish Air Force until 1993. He is the owner and CEO of Infosto Group, an investor in early stage companies. In addition to Canatu, Infosto's portfolio companies include, Academica, BioZone Scientific International, Confidex and Qvantel. Successful investments and trade sale exists in Finland have been Infosto Mediat and Suomen Terveystalo.
Founded in 2004, Canatu is a spin-off from the Helsinki University of Technology (now Aalto University). Canatu's business is the production and sales of a new class of versatile nanomaterial based films and components. Canatu has developed a novel form of carbon, namely NanoBuds, and a new way to directly produce high value components on any substrate from this material by Direct Dry Printing. These components improve the performance and reduce the cost of optical and electrical devices and diminish their environmental footprint. Canatu is currently developing its flexible thin film NanoBud components and production processes to supply display, touch, photovoltaic, tracking and haptic customers in the optics, energy and electronics sectors.
Canatu has patents and patents pending covering: NanoBuds and their applications in, for instance, displays, electronics, optics, energy storage and drug delivery, novel Carbon Nanotube and NanoBud production methods, novel CNT and NanoBud separation methods, methods for characterizing nanomaterials, CNT and NanoBud thin film and component production methods and a wide array of NanoBud based devices. Consequently, Canatu has important IP in the entire value chain from synthesis to products.
For details contact Dr. David Brown, CEO, david.brown
canatu.com, Tel +358 50 344 4204 or Mr. Mikko Kärkkäinen, COO, mikko.karkkainencanatu.com, Tel +358405337872
Red Herring on Friday 14th of January announced the recipients of the Global 100 award in recognition of the leading private high tech start-up companies from around the world. The Finnish nanotechnology based electronic component company Canatu Oy was announced as one of the winners at the award ceremony in Laguna Niguel, California.
Red Herring’s Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay would change the way we live and work.
"Choosing the best out of the previous three years was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. The top 100 companies who were chosen should be extremely proud, the competition was difficult."
"Winning the prestigious Red Herring Global award is a great honor for our company and a recognition for our continuing success in progressing flexible, transparent environmentally friendly and low cost organic electronics", said Dr. David Brown, co-founder and CEO of Canatu. "This year we were the only Finnish company to win the award and one of a select few pre-revenue companies ever to receive this recognition. Ours is a widely applicable platform technology that can truly transform the electronics industry. I believe the Red Herring committee understood that."
Red Herring´s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
About Canatu
Founded in 2004, Canatu is a spin-off from the Aalto University School of Science and Technology (formerly known as Helsinki University of Technology TKK). Canatu's business is the production and sales of a new class of carbon nanomaterial based transparent conductive and semiconductive films and components.
Nanotechnology allows us to take advantage of materials in ways unimaginable only a decade ago. Especially carbon based nanotechnology enables us to replace many of our current materials, such as indium, gold and silicon.
Canatu has advanced the state-of-the-art by developed a novel carbon nanomaterial, namely NanoBuds with unique physical, electrical and optical properties, and a new printing method to cleanly and efficiently produce carbon nanomaterial based components in a technique similar to newspaper printing. These components improve the performance and reduce the cost of electrical and energy devices while, at the same time, reducing their environmental footprint. Canatu products are expected to be incorporated into displays, solar cells, user interfaces, logic circuits, speakers, lasers and memory elements.
Canatu has 11 families of patents granted and pending covering: NanoBuds and their applications in, for instance, displays, electronics, optics, energy storage and drug delivery, novel Carbon Nanotube and NanoBud production methods, novel CNT and NanoBud separation methods, methods for characterizing nanomaterials, CNT and NanoBud thin film, low temperature component production methods and a wide array of NanoBud based devices. Consequently, Canatu has important know-how and IP in the entire value chain from synthesis to products.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204 or Mr. Mikko Kärkkäinen, COO, mikko.karkkainencanatu.com, Tel +358405337872
Red Herring today announced that Canatu Ltd was named a WINNER of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
"Winning the prestigious Red Herring award is a great honor for the company and recognition for our success in making environmentally friendly and low cost organic electronics a reality", said Dr. David Brown, co-founder and CEO of Canatu.
"During a difficult year, Red Herring still received an impressive list of submissions from companies across the EMEA region, clearly demonstrating Europe's role as a major center of innovation in the global technology sector," said Red Herring Managing Director, Farley Duvall. "The exceptional accomplishments of European technology startups and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem."
Red Herring's lists of top private companies are an important part of the publication's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.
Red Herring's editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.
Red Herring has honored the Red Herring 100 Europe Finalist companies at its Red Herring Europe 2009 Conference, which was held March 31- April 2, at the Berlin Radisson Hotel. This intimate, 2 1/2 day event explored how European firms are leading the charge in many technology sectors, gaining a competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
About Canatu
Founded in 2004, Canatu is a spin-off from the Helsinki University of Technology (TKK). Canatu's business is the production and sales of a new class of versatile carbon nanomaterial based optical and electronic components. Canatu has developed a novel carbon nanomaterial, namely NanoBudsTM, and a new way to directly produce high value components on any substrate from this material by direct dry deposition. These components improve the performance and reduce the cost of optical and electrical devices and diminish their environmental footprint.
Canatu key products in development are homogenous and patterned transparent and conductive thin films that are suitable for replacing ITO layers in applications such as LCD's, OLED displays, thin film solar cells, haptic interfaces, ePaper and touch screens and eventually backbones, logic circuits, field emitters and memory elements. The transparent and conductive thin film consists of random networks of single walled carbon nanotubes - tubes with walls one carbon atom thick - and NanoBudsTM as channels for electrons.
Canatu has patents pending covering: NanoBudsTM and their applications in, for instance, displays, electronics, optics, energy storage and drug delivery, novel Carbon Nanotube and NanoBudTM production methods, novel CNT and NanoBudTM separation methods, methods for characterizing nanomaterials, CNT and NanoBudTM thin film and low temperature wet and dry component production methods and a wide array of NanoBudTM based devices. Consequently, Canatu has important IP in the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of materials in ways unimaginable only a decade ago and carbon nanotechnology will allow us to replace many of our current materials, from iron to silicon, with better performing and more environmentally sound alternatives. The field of carbon nanotechnology includes carbon nanomaterials like nanotubes, fullerenes and graphene, which have applications in a myriad of fields. Carbon is an amazingly agile atom and is the basic building block of a life on our planet. It is, by definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
"Today the nanotech industry recognized another aspect of the revolutionary nature of our technology. In our simple, environmentally friendly, synthesis, deposition and component manufacturing process we produce films from common, organic, carbon containing precursors and avoid a wide array of environmentally damaging purification and dispersion steps needed in competing wet processes. The same is true of our recycling process, which is safe, cheap, low cost and chemical free." said David Brown, CEO and board member of Canatu. "I am proud that we are becoming recognized on both sides of the environmental equation: production and recycling. Canatu plans to continue to lead our industry in this tradition and further optimize our technologies for the sake of our planet."
Canatu key products in development are homogenous and patterned transparent and conductive thin films that are suitable for replacing ITO layers in applications such as LCD's, OLED displays, thin film solar cells, haptic interfaces, ePaper and touch screens. The transparent and conductive thin film consists of random networks of single walled carbon nanotubes - tubes with walls one carbon atom thick - as channels for the electrons. Canatu's ability to deposit networks with longer, more crystalline, cleaner and less bundled nanotubes results in higher conductivity and transparency films. Other key benefits include excellent corrosion resistance and high flexibility and mechanical and chemical robustness compared to traditional metal and metal oxide based thin films.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
Canatu today announced that Tampere University of Technology (TUT) researchers have successfully tested the use of its thin films for femto second frequency laser mode locking. The laser apparatus was build as a joint effort between Canatu and TUT. The device used the Canatu specialty thin films as saturable absorbers. These unprocessed films, deposited directly from Canatu's proprietary aerosol-reactor onto a highly reflective silver mirror, showed a uniquely wide operating wavelength range.
"We saw sub-pico second mode locking in the wavelength range between 1000 to 2000 nm. This is the broadest operation range ever reported for a single CNT absorber" said David Brown, CEO and board member of Canatu. "The result means that a single saturable absorbing mirror, simply and cheaply produced, can be deployed at all of today's common fiber laser wavelengths: 1, 1.5 and 2 microns. Making ultrashort pulsed laser systems is important for material processing such as laser cutting and thin film coating, medical applications such as laser scalpels and high bandwidth optical communications."
Canatu key products in development are homogenous and patterned transparent and conductive thin films that are suitable for replacing ITO layers in applications such as LCD's, OLED displays, thin film solar cells, haptic interfaces, ePaper and touch screens. The transparent and conductive thin film consists of random networks of single walled carbon nanotubes - tubes with walls one carbon atom thick - as channels for the electrons. Canatu's ability to deposit networks with longer, more crystalline, cleaner and less bundled nanotubes results in higher conductivity and transparency films. Other key benefits include excellent corrosion resistance and high flexibility and mechanical and chemical robustness compared to traditional metal and metal oxide based thin films.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
Canatu today announced that it has successfully reached the 200 micrometer line width in its product development project for large area carbon nanotube thin films. The films, deposited directly from Canatu's proprietary aerosol-reactor, were directly patterned into a grid consisting of 200 micrometer wide lines and spaces. This development enables Canatu to pursue touch screen sensors and other macro electronics markets with its existing technology. These results also take the company closer to display backplane needs and other smaller line width markets with requirements for flexible, conductive and patterned transparent thin films.
"Our Direct Dry Printing technology has shown to be ideal for producing finely patterned films in a process that we originally intended for manufacturing homogenous films" said David Brown, founder, CEO and board member of Canatu. "Next we will be developing an automated deposition and patterning process to exploit the superior performance and cost effectiveness of our technology in a manufacturing environment. We are very confident that further development of the process will result in a fully operational carbon nanotube thin film component production line in early 2011".
Canatu key products in development are homogenous and patterned transparent and conductive thin films that are suitable for replacing ITO layers in applications such as LCD's, OLED displays, thin film solar cells, haptic interfaces, ePaper and touch screens. The transparent and conductive thin film consists of random networks of single walled carbon nanotubes - tubes with walls one carbon atom thick - as channels for the electrons. Canatu's ability to deposit networks with longer, more crystalline, cleaner and less bundled nanotubes results in higher conductivity and transparency films. Other key benefits include excellent corrosion resistance and high flexibility and mechanical and chemical robustness compared to traditional metal and metal oxide based thin films.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
Canatu today announced that it has produced carbon nanotube thin films with world record conductivity and transparency properties. The 50 square centimeter films, deposited directly from Canatu's proprietary aerosol-reactor, measured 80 % in transmittance (at 550 nm) and 55 ohms per square for sheet resistance. These inspiring results take Canatu even closer to display and PV market requirements for flexible, conductive and transparent thin films.
"These are industry disrupting world class figures, especially if you consider the fact that we deposit the films directly from the synthesis reactor and avoid all wet dispersion and purification steps common in the industry" said David Brown, CEO and board member of Canatu. "In little bit over a year we have ramped up our process development and enhanced conductivity/transparencey performance by a couple orders of magnitude. These highly flexible films are ideal for many touch screen, ePaper, haptic, display and solar applications. We are very confident that our continued development will soon result in a quality of carbon nanotube thin films that are even suitable for ITO replacement on traditional rigid substrates."
The transparent and conductive thin film developed employs a random network of carbon nanotubes - tubes with walls one carbon atom thick - as channels for the electrons. Canatu's ability to deposit networks with longer, cleaner and unbundled nanotubes results in better conductivity and transparency of the actual film. Other key benefits include excellent corrosion resistance, high flexibility and robustness compared to traditional metal oxide based thin films.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
Canatu today announced that it has successfully scaled up its dry deposition technology for producing carbon nanotube thin films. The films, deposited directly from Canatu's proprietary aerosol-reactor, measured 50 square centimeters in size. This linear scaling leap serves as further evidence of the commercial viability of Canatu's dry printing technology and takes the company yet one step closer to display and PV market requirements for large area, flexible, conductive and transparent thin films.
"This is significant progress in our development plan. We have now shown that our simple, low cost, high quality deposition process scales up linearly, together with our proprietary material synthesis process" said David Brown, CEO and board member of Canatu." So far scaling of these key elements of our combined component manufacturing technology has developed according to our research and development roadmap. Next we will be looking at continuous roll-to-roll and A4 size sheet deposition possibilities. We are very confident that our further development in near future will result in a fully automated, superior quality, lower cost carbon nanotube thin film manufacturing solution."
Canatu key products in development are homogenous and patterned transparent and conductive thin films that are suitable for replacing ITO layers in applications such as LCD's, OLED displays, thin film solar cells, haptic interfaces, ePaper and touch screens. The transparent and conductive thin film consists of random networks of single walled carbon nanotubes - tubes with walls one carbon atom thick - as channels for the electrons. Canatu's ability to deposit networks with longer, more crystalline, cleaner and less bundled nanotubes results in higher conductivity and transparency films. Other key benefits include excellent corrosion resistance and high flexibility and mechanical and chemical robustness compared to traditional metal and metal oxide based thin films.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
Canatu today announced that Dr. Yrjö Neuvo, former Nokia CTO, has joined Canatu Board of Directors as an independent member. Dr. Neuvo was elected at Canatu's board meeting today.
"We warmly welcome Dr. Neuvo and his wide industrial and technical experience in commercializing innovations to the canatu team" said David Brown, CEO and board member of Canatu. "Dr. Neuvo brings an incredible wealth of knowledge and wisdom to Canatu from having helped run one of the largest organization in the world. He is going to be a great asset for Canatu's board and we are excited and honored that he has chosen Canatu board to serve on."
Yrjö Neuvo was Chief Technology Officer and a member of the Group Executive Board in Nokia in 1993-2005. He retired from Nokia on January 1, 2006. Before joining Nokia, he was Professor at Tampere University of Technology, National Research Professor at the Academy of Finland and a visiting professor at Santa Barbara University in California, USA.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.browncanatu.com, Tel +358 50 344 4204
The first test deposit runs with Canatu's new reactor were made today
and they proved to contain good quality carbon NanoBuds(TM). The first
runs were not expected to produce usable material straight away, and
the discovery was greeted with joy. "This is a exciting day for
Canatu. These results show that our synthesis technology is robust and
linearily scalable." said David Brown, CEO of Canatu.
Development project to scale up Canatu's proprietary synthesizing
method for carbon nanotubes and carbon NanoBuds started in April 2008.
This project aims to work as proof-of-concept for the scaling
capabilities of the production process. So far the project has
proceeded as planned. "We experienced some minor setbacks during
assembly, but were able to stay on schedule", says Brad Aitchison, Canatu's Production Manager.
The project itself is far from completed. To ensure Canatu's high standards of output quality, the reactor is now up for extensive testing and calibration. Evaluation materials from the new reactor are expected to become available in November 2008.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.brown[at]canatu.com, Tel +358 50 344 4204
5.6.2008 TEKES gives Canatu a substantial grant
Canatu Ltd., a leading edge nanotechnology company commercializing
carbon nanotube (CNT) and carbon NanoBudTM thin film applications in
the electronics, optics and energy sectors today announced a 1.75
Million Euro Research and Development project funded 50% by TEKES, the
Finnish Funding Agency for Technology and Innovation. "This is an
important investment for Canatu. Tekes support will allow us to
significantly accellerate our commercialization process, particularly
our process scaling and quality control efforts," said David Brown,
CEO of Canatu.
Tekes, the Finnish Funding Agency for Technology and Innovation is the
main government financing and expert organisation for research and
technological development in Finland. Tekes finances industrial
research and development projects as well as projects in universities
and research institutes. Tekes especially promotes innovative,
risk-intensive projects.
"This is one of the largest grants given to a start-up company in
Finland and reflects well on the Finnish governments belief in the
future of nanotechnology in general and in Canatu's technology,
business team and development roadmap in particular" said David Brown.
"We are excited to have this level of support and measure of
confidence", he added.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.brown[at]canatu.com, Tel +358 50 344 4204
12.12.2007 Canatu receives 1.4 M Euro of seed finance
Canatu Ltd., a leading edge nanotechnology company
commercializing carbon nanotube (CNT) and carbon NanoBud(TM) thin film
applications in the electronics, optics and energy sectors announced today a 1.4 Million Euro seed investment from Infosto Research and
Development Oy of Finland. Ari Ahola, of Infosto was named as Chairman of the Board. "Canatu is excited to have Infosto as our seed investor. Ari Ahola is a proven and well respected entrepreneur who will add valuable energy, experience and focus to our business team." said David Brown, CEO of Canatu.
Mr. Ahola was a fighter pilot for the Finnish Air Force until 1993.
He founded and acted as a CEO of Infosto Mediat Group until 2001
whereupon he made a successful trade sale exit. He has founded several
companies in the US and Finland and serves as Chairman of the Board of
Directors for Biozone Scientific International, Inc, eFruit
International, Inc, Finnish Media Group, Inc and Media Invest Inc. He
is a member of the board of InfoMedia (Beijing) Digital Technologies.
After negotiating with a number of possible investors, Canatu chose
to team up with Infosto Research and Development Oy. "Ari Ahola had
the entrepreneurial background and understanding of the start-up
process we were looking for in an investor" said David Brown. "He has
been through the process before and with a high success rate", he
added. Mr Ahola's funds and knowledge will be used for scaling and
partnering activities.
Founded in 2004, Canatu is a spin-off from the Helsinki University of
Technology (TKK). Canatu's business is the production and sales of a
new class of versatile carbon nanomaterial based optical and
electronic components. Canatu has developed a novel carbon
nanomaterial, namely NanoBudsTM, and a new way to directly produce
high value components on any substrate from this material by dry
deposition. These components improve the performance and reduce the
cost of optical and electrical devices and diminish their
environmental footprint. Canatu is developing its thin film NanoBudTM
components to supply solar cell, display, optics and flexible,
transparent flexible electronics sectors.
Canatu has patents pending covering: NanoBudsTM and their applications
in, for instance, displays, electronics, optics, energy storage and
drug delivery, novel Carbon Nanotube and NanoBudTM production methods,
novel CNT and NanoBudTM separation methods, methods for
characterizing nanomaterials, CNT and NanoBudTM thin film and low
temperature wet and dry component production methods and a wide array
of NanoBudTM based devices. Consequently, Canatu has important IP in
the entire value chain from synthesis to products.
Nanotechnology allows us to take advantage of this fantastic material
in ways unimaginable only a decade ago and carbon nanotechnology will
allow us to replace many of our current materials, from iron to
silicon, with better performing and environmentally sound
alternatives. The field of carbon nanotechnology consists of carbon
nanomaterials like nanotubes, fullerenes and graphene, which have
applications on myriad fields. Carbon is an amazingly agile atom and
is the basic building block of a life on our planet. It is, by
definition, organic.
For details contact Dr. David Brown, CEO, david.brown[at]canatu.com, Tel +358 50 344 4204
canatu.com