Tuesday, June 26, 2007
Emerald Technology Ventures Leads $6.3 Million Financing in SDCmaterials
Zurich-Montreal, June 26, 2007SDCmaterials, Inc., the technology leader in nano enhanced products and nano materials today announced the closing of its Series A financing. The $6.3 million financing round was led by Emerald Technology Ventures and included investments from BASF Venture Capital GmbH, Germany, and private investors. "We are very pleased to have won Emerald and BASF as well as the two private groups as investors in SDCmaterials", said Dr. Maximilian A. Biberger, CEO of SDCmaterials. "These investors understand our sector and are excellent partners to support SDCmaterials' catalyst and nano enhanced products." "SDC's dynamic management team combined with breakthrough technology that adresses important cleantech markets made this investment very attractive to us," said Walter Locher, Partner at Emerald Technology Ventures. "We are delighted to play a key role in the growth of SDC as it emerges to provide nano- and nanostructured materials at industrial scale." About SDCmaterials Inc. SDCmaterials' patent pending technologies are centered on the development and manufacture of low-cost alternatives to precious metals in the catalyst industry. Within the catalysts industry SDC's focus is on automotive and fine chemicals catalysts. SDC's secondary business focus is in high-strength supercomposites such as ceramic tiles with improved fracture toughness and hardness exceptionally suited for the armor industry. SDCmaterials is headquartered in Tempe, AZ and is opening an operational centre in Schwarzheide, Germany. www.sdcmaterials.com About Emerald Technology Ventures Emerald Technology Ventures is a global leader in cleantech venture capital. Founded in 2000 under the name SAM Private Equity, Emerald is a pioneer in this rapidly emerging sector and is focused on innovative technologies in energy, materials and water. From offices in Zurich, Switzerland, and Montreal, Canada, Emerald manages three venture capital funds and two venture capital portfolio mandates totalling over EUR 285 million (US$380 million). Emerald is currently investing out of its latest fund and is looking for energetic and passionate entrepreneurs with the vision to build world-class clean technology companies. www.emerald-ventures.com For more information please contact: Hans Dellenbach Chief Financial Officer Seefeldstrasse 215 8008 Zurich Switzerland Tel +41 44 269 61 23 Fax +41 44 269 61 01 hans.dellenbach@emerald-ventures.com Scott MacDonald Investment Director 300 St-Sacrement St., suite 425 Montreal, QC H2Y 1XA Canada Tel +1 514 789 6458 Fax +1 514 286 9817 scott.macdonald@emerald-ventures.com
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