VCs invest $4.4m in Japanese filter technology start-up
The state-backed Innovation Network Corporation of Japan (INCJ), shipping conglomerate investment arm Tsuneishi Partners and Future Venture Capital (FVC) have together invested JPY550 million ($4.4 million) in NanoMist Technologies, creator of a filtering technology with environmental and food-processing applications.
The company was set up in 2002 and claims to have developed a so-called ultrasonic atomization separator system derived from alcohol enrichment technology used in the sake brewing industry. According...
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