By  on October 16, 2017

Inspiralia, a European new product development group, said it invested in the $2.5 million financing round of SP Nano Ltd., an Israeli nanotechnology firm for enhanced composite materials. SP Nano’s existing investors Docor International, Consolidated Investment Group and iVentures Asia were also participants in this round.

The company said it will provide additional support for SP Nano through its technical and laboratory services and take “an active role in promoting SP Nano’s unique reinforcement technology in the European market.” SP Nano commercializes the use of nanoparticles in markets such as composite materials, mechanical rubber goods, adhesives, resins and conductive textiles, the company said.

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