Durham, North Carolina-based start-up Semprius, Inc. has closed a $6.4 million US Series B round of venture funding from existing investors Arch Venture Partners, Applied Ventures, Illinois Ventures and Intersouth Partners along with new investors, In-Q-Tel and GVC Investment Fund. The company, created with technology spun out of the University of Illinois, is commercializing a novel transfer printing technology for making semiconductor devices, with an initial focus on the production of solar modules for utility scale power generation. (Source: News and Observer, June 9, 2009)
Contact: Joseph Carr, CEO, Semprius, (919) 433-9980, [email protected], www.semprius.com