Osage University Partners was among the backers in Numat, which is developing molecularly engineered products based on research at Northwestern University.
Numat Technologies, a US-based nanoporous materials developer spun out from Northwestern University, closed a $12.4m funding round yesterday featuring spinout-focused investment firm Osage University Partners.
The round was led by OS Fund and also featured Tin Shed Ventures, the corporate venturing division of clothing retailer Patagonia, and unnamed, existing shareholders.
Founded in 2012, Numat produces atomically-engineered materials known as metal-organic frameworks (MOFs). Their porosity can be precisely adjusted, making it possible for the products to interact with target molecules in…
