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Business
NanoInk Closes Down
by Ann M. Thayer
March 11, 2013
| A version of this story appeared in
Volume 91, Issue 10
After operating for more than 10 years, Skokie, Ill.-based NanoInk closed its doors in late February. The Northwestern University spin-off reportedly lost the support of its leading backer, Lurie Investment Fund. NanoInk sold dip-pen nanolithography systems using technology that originated in the lab of professor Chad A. Mirkin. The company last announced a $65 million infusion of cash from Lurie and other investors in late 2010. By late 2011, NanoInk had hired advisers to explore options for the business. It employed nearly 90 people.
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