According to a press release on 10 September 2001, Lux Capital, a venture capital firm based in New York with a strong emphasis on nanotechnology, and McGovern Capital LLC have partnered to form Angstrom Partners LLC, a merchant bank providing intellectual property, corporate advisory and investment banking services to clients in the emerging nanotechnology industry. Angstrom Partners was formed as a Joint Venture between Lux Capital and McGovern Capital, a Greenwich and New York-based investment firm focused on capital formation, strategic transactions and alliances, and intellectual property.
Lux also released a major investor-oriented report on nanotechnology in August 2001.