C3Nano receives $3.2 million funding to develop ITO alternative

C3Nano announced a $3.2 million venture-capital round-A financing. C3Nano is an early stage startup (a spin-out from Professor Zhenan Bao's chemical engineering lab at Stanford University) developing a new proprietary hybrid carbon nanotube (CNT) based transparent electrode ink and film.

C3Nano's new material can be used as a low-cost alternative for ITO in flexible OLEDs, solar cells and other applications. The company claims that their material is solution-coated and printable and is more durable, flexible and transparent than ITO.

Posted: Feb 18,2011 by Ron Mertens