Another One Bites The Dust

Carbon Nanoprobes Inc became the latest ‘nano’ company to file for bankruptcy, despite raising $4m.

As often happens, the company had decent products and good management, but failed to fulfil its fund raising schedule.

Carbon Nanoprobes Inc isn’t alone, and there is a growing pool of commercial nanotech companies in similar straits with IP and know-how available for anyone with deep pockets and the confidence to distinguish snake oil from science.

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