Samsung's corporate venturing unit made its second investment in nanowire producer Cambrios, which has now raised almost $80m in funding.
US-based conductor technology maker Cambrios Technologies secured $10m on Tuesday in a series B round led by Samsung Venture Investment Corporation (SVIC), electronics company Samsung’s corporate venturing unit.
Founded in 2002 and previously known as Semzyme, Cambrios manufactures silver nanowire-based transparent conductors that are used in electronic devices.
SVIC previously invested $5m in Cambrios in 2011, and the company has raised $79m across multiple rounds, according to press releases and SEC filings, including a $14.5m series D round in 2009.
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