S.C. nanotechnology firm closes on $1.5M in financing

Posted: May. 16, 2008

GREENVILLE, S.C. — Selah Technologies, a developer of nanotechnology, has closed on $1.5 million in a Series A round of financing.

The company, which launched in 2006, says the funds will be used to help commercialize two types of nanomaterials known as Selah Dots and Selah Tubes.

The dots are designed for use in life science, solar cells and anti-counterfeiting applications as well as others, according to the company. The tubes have what the firm calls “impressive” electrical conductivity properties.

Copyright 2008 by WRAL.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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