University of California Los Angeles spin-out Carbonics has launched from the institution’s Centre of Excellence for Green Technologies with $5.5m.
The spin-out was developed in cooperation with Saudi Arabi-based King Abdulaziz City for Science and Technology, which led to the investment which came from Taqnia International. Also Saudi Arabia-based, Taqnia invests in and supports the development of intellectual property coming out of the country.
Carbonics is developing nanomaterials which lower power consumption and enhance performance of smartphones and similar technologies,…
