NanoMuscle developed miniature linear motors to be used in the toy, automotive, medical, military, control and other industries. The company presented to Silicom Ventures last year and received $2.5 M from Silicom Ventures' members. The company continues to execute its business plan. It has captured two design wins and has contract with three automotive companies. In addition it has advanced discussions with several toy manufacturers. NanoMuscle is also looking for a next round of finance and should receive a term sheet in the next few weeks. For more info, contact [email protected]
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