Nanocomputing startup funded by venture capital

from the race-is-on dept.
Senior Associate Tom Glass points out an article from the Houston Chronicle about the nanotechnology work of Jim Tour. and Mark Reed in their startup Molecular Electronics Corp: The fact that the company has been able to raise venture capital is also a significant milestone, says Dan Hutchison, president of VLSI Research, a microchip industry research firm. "In the past, there's been nothing interesting going on, like someone getting venture funding," Hutchison says. "But if a company has actually managed to get VCs interested, that's different. They may not be entirely sure of the technology, but they're willing to bet on the people involved." More URLs in the sidebar. Here's an earlier New York Times article on the company.

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