Based: Skokie, IL
Investor: Lurie Investments
Scoop: Located north of Chicago in the Illinois Science + Technology Park, NanoInk specializes in nanometer-scale manufacturing and applications development for a number of industries, including life sciences and pharmaceuticals. Its patented nanofabrication technology--Dip Pen Nanolithography--allows scientists to make micro-and nanoscale structures from a variety of materials on a range of substrates. The financing was raised to convert outstanding debt to equity and to provide working capital to expand commercial activities across the company's nanotechnology business.