From a Bang to a Whimper

CRN aren’t the only ones holding their caps out, a report from Global Entrepreneurship Monitor reveals that only $304 million was invested in seed- or start-up-stage companies, the lowest level since 1980.

It’s a far cry from the heady days of 2002 and 2003 when Nathan Tinker of the NanoBusiness Alliance (now Lux Research) confidently predicted a billion dollars of venture capital funding pouring into nanotechnology.

It’s a fact that many investors have become somewhat risk averse, and with good reason. Many nanotech companies will always be seen as a speculative punt, as Nanosys found out. While many are already back from holiday, most of the smart money will be staying where it is until after the US elections in November.

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