Purnesh Seegopaul, General Partner, Pangaea Ventures Ltd., headquartered in Vancouver, Canada, has written a Jan. 21, 2013 posting, The State of Nanotechnology, for the company blog, which offers a good primer on nanotechnology along with a bit of a sales pitch,
Nanomaterials are of particular interest and at Pangaea Ventures, our focused approach on advanced materials gives us an exceptional grasp of leading-edge innovations and emerging companies developing and commercializing nano-enabled products. Engineered nanomaterial building blocks include inorganic nanoparticles, nanofibers, nanowires, quantum dots, nanotubes, nanoporous materials, dendrimers, plasmons, metamaterials, superlattices, metal organic frameworks, clays, nanocomposites, and the carbon-based nanotubes, graphene, fibers, fullerenes, and activated materials. These nanostructures are incorporated in bulk forms, coatings, films, inks, and devices. Graphene, the latest addition to the nanotech toolkit not only garnered the 2010 Nobel Prize (Geim and Nuvoselov [sic]) but also projected to extend Moore’s law in nanoelectronics. Nanobiomedical applications would allow targeted drug delivery in cancer treatment. Of course, nano-enabled products are expected to be competitive in terms of cost, performance and safety.
I do have a problem with Seegopaul’s stance on intellectual property (IP); I reported on the nanotech IP bonanza (4000 in the US for 2012) in my Jan. 4, 2013 posting,
Companies need to understand that intellectual property is an important consideration and the IP landscape is getting busy. US patent publications in the 977 nanotech class established by the USPTO are expected to reach 4000 in 2012.
Tim Harper, Chief Executive Officer of Cientifica (the company is cited in Seegopaul’s posting) isn’t particularly enthusiastic about patents either, from Harper’s Jan. 15, 2013 posting about graphene (a nanomaterial) on the Cientifica blog, Insight,
The UK has a number of companies producing decent quality graphene – a prerequisite for any applications – and the history of nanotechnology shows us that filing huge numbers of patents is no guarantee of commercial success.
The Cientifica mention in Seegopaul’s posting was made in the context of government funding,
Nanotechnology enjoys generous funding support. Cientifica recently estimated that governments around the world invested $67 billion over the last 11 years and projected $0.25 trillion in investments from all sources by 2015! [emphasis mine] The USA is expected to spend about $1.7 billion in 2012 and $1.8 billion has been requested for 2013. I expect that nations will continue to pour significant funding into nanotechnology.
Tim Harper gave an interview about his company’s report Global Funding of Nanotechnologies and its Impact that was published in my July 15, 2012 posting.
Seegopaul’s posting is a good introduction, despite my concern over his IP stance, to nanotechnology but the title does seem to be stretching it a bit. Panagaea Ventures has been mentioned here before (May 14, 2010 posting) in the context of a local Vancouver-based smart window company, SWITCH Materials, which was founded by Neil Branda who was himself mentioned here in a Jan. 15, 2013 posting about the Canadian government funding of the Prometheus Project; a global innovation hub at Simon Fraser University in Vancouver.