St. Paul-based Cima NanoTech Inc. announced it has obtained $15 million in equity financing from funds associated with a global alternative asset management company.
Cima NanoTech sells a wet material called SANTE Films that coats flat panel displays. The company claims its material makes the displays brighter and more energy efficient.
The company said the investment will help them expand and apply SANTE Films into other product categories such as solar cells and touch screens.The company employs 25 people worldwide.
Cima NanoTech declined to disclose the name of its investor.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Star Tribune
Election
In heated western Minn. GOP congressional primary, outsiders challenging incumbent
U.S. Rep. Michelle Fischbach has a solidly conservative voting record. But Steve Boyd, a Christian conservative who has never held public office, is gaining traction as an outsider.
Sports
Minnesota Sports Hall of Fame: A class-by-class list of all members
Who's in the Star Tribune Minnesota Sports Hall of Fame? From Bernie Bierman to the latest class, here's the list:
Sports
This retired journalist changed professional wrestling from Mankato
Norm Kietzer was a pioneer in professional wrestling journalism for 40 years.
High Schools
All-Metro Sports Awards: Here are the 2023 winners
The Star Tribune recognized the best of metro area high school athletes with its sixth annual All-Metro Sports Awards. Here are the 2023 winners, who were honored Wednesday night at Target Center.