, chair of Maslon's Governance Committee and partner in the Business & Securities Group, assisted Cima NanoTech in a venture-capital deal that was recognized as the 4th largest venture-capital deal of 2011 in Minnesota by the Minneapolis/St. Paul Business Journal
. The deal, which closed in March 2011, raised $15 million in equity financing needed to launch the client's SANTE TM Coatings product, which enables innovative applications for EMI shielding, flat panel displays, photovoltaics, touch screens, LED, and OLED solid state lighting.
, founded in 2002, is an advanced materials company that has developed proprietary nanomaterial technology for electronics fabrication including flat panel displays, touch screens, and windows for electric vehicles. These materials enable increased performance in concert with faster, cleaner and cheaper manufacturing processes, resulting in more environmentally friendly, next-generation technology. Cima NanoTech has business development centers in Japan, Korea, Taiwan, the U.S., and Singapore that enable close, local partnerships with electronics manufacturers worldwide. Additional company and product details available at: www.cimananotech.com
assists emerging and venture-backed businesses with corporate structuring, raising capital, drafting and negotiating contracts, and mergers/acquisitions. Doug represents clients in a broad range of industries, with a particular focus on the technology, healthcare, and restaurant industries. He also acts as a value-conscious general counsel for companies, coordinating and utilizing other Maslon lawyers when needed with employment, litigation, real estate or technology expertise.
To view the top 7 largest venture-capital deals of 2011, go to the Minneapolis/St. Paul Business Journal
article List Leaders: Minnesota's largest venture-capital deals