NanoSteel Announces GM Ventures Investment
• Breakthrough design for automotive advanced high-strength steel• Performance capabilities could be ‘game changer’ for $100+ billion automotive steelPROVIDENCE, R.I. (Monday, August 6, 2012) - The NanoSteel® Company, a leader in nano-structured steel materials design, today announced that General Motors Ventures LLC has invested in the company.GM Ventures, a General Motors subsidiary created to invest in promising automotive technologies, joined lead shareholders EnerTech Capital and Fairhaven Capital Partners and five existing investors to complete the Series C financing round. Terms