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Surrey NanoSystems, based in Newhaven, UK, has secured second round funding of GBP2.5 million from Octopus Ventures, IP Group, the University of Surrey and other investors. The capital will be used to help commercialise a low-temperature growth process for carbon nanotubes, targeted for use as an interconnection technology in semiconductor devices. The innovation will help silicon integrated circuit manufacturers to overcome a critical problem that threatens the evolution to next-generation geometry sizes, speeds and power conservation.
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