Samsung invests $15m and gains strategic partnership with nano-materials company Nanosys.
Korea-based electronics conglomerate Samsung’s corporate venturing division has invested $15m in Nanosys, a US-based technology company that makes small components for lights and batteries, as part of a strategic partnership between the two.
Samsung Electronics will contribute funding and resources to co-develop products using Nanosys technologies, in addition to $15m equity investment from the affiliated Samsung Venture Investment Corporation.
Jason Hartlove, chief executive of Nanosys, said: "Not only does Samsung bring deep knowledge of solar, memory and display…