Nanofoundry, LLC, Selected to Present at CleanEquity Monaco 2014

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Mar 17, 2014, 12:01 ET

LONDON, March 17, 2014 /PRNewswire/ -- Nanofoundry, LLC, will present at CleanEquity Monaco 2014 on March 27^th & 28^th at the Sporting d'Hiver, Monaco.

CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London based specialist cleantech investment bank.

Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, Qualcomm, Renault-Nissan Alliance, Autodesk, Polar Star Ventures, PR Newswire, Kwittken & Company, the Climate Group, the Monte-Carlo SBM and Monaco Chamber of Economic Development.

Nanofoundry, LLC, has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.

Nanofoundry is developing a low-cost alternative to rare earth-based magnets based on proprietary nanoparticle materials and related manufacturing technology. Nanofoundry's mission is to bring to market nanoparticle materials formulated from non-exotic resources that will improve efficiencies and costs in power usage, generation, and conversion. The market potential for Nanofoundry's technology is at least one billion dollars (2014), initially focusing on applications in the $14B permanent magnet market. Additional benefits include reducing supply chain risk and the environmental impact associated with today's use of exotic materials. The company's knowhow and intellectual property center on the design of nanoparticle materials and their production using a microreactor wet chemical process. This technology enables the manufacturing of nanoparticle materials to scale up to industrial quantities. The company is a technology spin-off from Virginia Commonwealth University in Richmond, Virginia, where Everett Carpenter, Ph.D., one of the company's founders, has led the innovation of these materials and their production. Dr. Carpenter is the Director of VCU's Nanoscience and Nanotechnology Program and Director of VCU's Nanomaterials Characterization Center. The company has a seasoned technical and management team, which also includes co-founder Vincent Harris, Ph.D., of Northeastern University, an experienced entrepreneur and innovator in magnetic materials and applications. The firm is headquartered in Glen Allen, Virginia, and operates its lab in Richmond, Virginia.

For more information, contact Peter Benda, President, at [email protected].

About Innovator Capital

Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.

www.cleanequitymonaco.com

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SOURCE Innovator Capital