Oil and gas supplier Repsol has provided €1.8m ($2.1m) in funding for Spain-based nanoparticle materials producer Nanogap through its Repsol Corporate Venture unit.
Nanogap develops catalytic, conductive, antimicrobial and luminescent nanomaterials for use in chemistry, life sciences and electronics. It was founded in 2006 and spun out of University of Santiago de Compostela.
The company raised $2.8m in 2014 from financial services firm La Caixa’s Caixa Capital Risc fund, the Spanish state-owned Centro para el Desarrollo Tecnológico Industrial, Unirisco Galicia, Uninvest and Xesgalicia, the venture capital arm of Spain’s Galicia region, which invested through its I2C Fund.
