Investment in nanotechnology
Ever more companies invest in nanotechnology in order to enhance their business in Materials Sciences. Lately also Dutch Royal DSM (health, nutrition and materials, annual turnover around EUR 9 billion with 22000 employees), respectively its subsidiary DSM Venturing, made such a move with a participation in U.S. NanoHoldings LLC. No financial aspects on this transaction were disclosed.
DSM Venturing invests in start-up companies with a focus on emerging technologies, developments and activities being strategically important to DSM. DSM Venturing is teaming up with innovative players all over the world in order to support DSM’s innovation and growth strategy. DSM considers nanotechnology as an important enabler in Material Sciences and NanoHoldings’ unique business portfolio will allow additional open innovation potential and new business opportunities to DSM. The company is catering to global markets such as food, dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive industry, paints, electrical and electronics, life protection, alternative energy and produces also bio-based materials.
NanoHoldings is specialising in finding, nurturing and commercialising breakthrough Materials Sciences discoveries through partnerships with world-class universities and their leading scientists. The company invests at the earliest possible stage of development in new materials that will radically change the paradigm of energy generation, storage, preservation and consumption. Additionally it funds the development of world improving technologies and has a solid business model for bringing products to market that will balance sustainability with profitability.
DSM has also signed a memorandum of understanding between its US-based division DSM Functional Materials and Brazilian Empresa Brasileira de Biotechnologia (Ebrabiotech) to launch a new line of DSM-branded bio-based materials targeting the concrete floor coatings market and with a focus on the development of non-edible bio-based castor oil materials to cater to decrease the total carbon footprint.