Navigation Links
E6 Ventures Invests in Novel Coatings Developer, Diamond Hard Surfaces Ltd
Date:11/24/2008

ASCOT, England, Nov. 24 /PRNewswire/ -- E6 Ventures has agreed to participate in the next round of funding in Diamond Hard Surfaces Ltd. Set up in 2005 by its chief technical officer, Sergey Aleksandrov, Diamond Hard Surfaces is a high technology company that has developed a low temperature process to create thick amorphous diamond-like carbon coatings applicable in a broad range of wear-related applications in a number of industrial sectors.

"We were impressed with the properties which Diamond Hard Surfaces' material offered, since it puts the company in a unique space in the coatings sector. We are very excited about the opportunities this presents," says Brendon Grunewald, Head of E6 Ventures on its investment. "We are investing in this round alongside the company's original backers, Oxford Technologies Management Venture Capital Trusts, who have been actively involved in the company since its inception." This venture capital trust fund specialises in investing in the start up and early stage technology sector.

Technology with broad application

The company's technology has been protected by patent and the manufacturing process has been developed in the company's laboratory facilities. Diamond Hard Surfaces' unique diamond-like coating material has properties of lower wear, high hardness and an extremely low coefficient of friction. Applying the Adamant(TM) coating to other materials gives extended life in high temperature, chemically aggressive and abrasive environments.

The low temperature process allows the coating of a range of substrates from steel to thermoplastics to give components such as bearings and valves, for example, reduced friction, enhanced wear resistance and load carrying characteristics over and above traditional materials and other coated surfaces. Currently Diamond Hard Surfaces produce three distinct grades of coating. Each is suitable for different applications and differing component finished conditions with coating thickness that ranges from one to 60 microns.

The low temperatures at which the coating can be applied mean that there is minimal effect on the substrate material and the process is applicable to a wide range of materials. Unlike other coatings, Adamant(TM) diamond hard surfaces do not require sophisticated and lengthy sub-layer preparation for many substrates.

The Oxford-based company recently won its first production orders for mechanical seals used in compressors and pumps in the oil/gas industry. Test coatings are being carried out with potential customers for a range of applications from ball/gate valves to down-hole oil drilling to Formula One engine components.

About E6 Ventures

E6 Ventures is a US$100m fund open to a broad range of investment opportunities across industry, provided they meet its investment criteria. The aim is to be recognised as an active investor in new applications, new markets, new technologies and new companies with investments that range from seed / early stage start-ups, to growth and late stage investments with the primary aim of bringing a strong return on investment.

About Element Six

Element Six is the world's leading supplier of supermaterials used throughout manufacturing industry for a wide range of applications. It is the frontrunner in the development of synthetic diamond and novel engineering materials that are being used in industrial applications that span, for example optical, mechanical, thermal, electronic, automotive, telecommunications and medical industries. With a turnover approaching US$500m and almost 4,000 employees, Element Six has established production and processing plants in China, Germany, Ireland, Sweden, South Africa, Ukraine and the UK supported by a global distribution network.

    For more information contact:
    Brendon Grunewald
    Head of E6 Ventures
    King's Ride Park
    Ascot
    Berkshire SL5 8BP
    Tel: +44(0)1344-638200
    Email: info@e6ventures.com
   http://www.e6ventures.com

'/>"/>
SOURCE Element Six Ltd
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Radius Ventures Announces Promotion of Dr. David Stoffel to Partner
2. NutraCea Forms Joint Ventures With HerbalScience to Develop Nutraceutical Extracts and Pharmaceutical Chemistries From Stabilized Rice Bran
3. Element Six Signals Ambitions for Growth With Senior Appointment for New Ventures Unit
4. Triage Wireless Raises $20.3 Million in Series B Financing Round Led by Qualcomm Ventures
5. Echo Therapeutics and Cato BioVentures Sign Right of First Offer Agreement for Dermatology Products and Transdermal Drug Delivery Technologies
6. Astute Medical Raises $6.2 Million in Series A Financing Round Led by De Novo Ventures
7. Oikos Organic Greek Yogurt Ventures into the Land of Milk and Honey ... and Blueberry!
8. Step of Mind Ltd Will Present its Concept at the Silicom Ventures Summit
9. Eagle Ventures Subsidiary Hydrate2O Receives 2008 Top Gear of the Year Award From ShapeYou.com
10. Khosla Ventures Into Healthcare With ZocDoc
11. Trident Capital and Mustang Ventures Lead Series A Investment in Profex, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... , ... June 27, 2016 , ... TopConsumerReviews.com recently awarded ... Eyeglasses . , Millions of individuals in the United States and Canada wear ... a way to both correct vision and make a fashion statement. Even celebrities use ...
(Date:6/26/2016)... ... ... legally blind and certified personal trainer is helping to develop a weight loss fitness plan ... fix the two major problems leading the fitness industry today:, , ... They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... ... 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily ... of Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures ... . Simply select a ProHand generator and drag it above media or text in ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits ... terms of the latter, setting the bar too high can result in disappointment, perhaps ... slow progress toward their goal. , Research from PsychTests.com reveals that ...
(Date:6/24/2016)... ... 2016 , ... The Pulmonary Hypertension Association (PHA) learned during ... two significant new grants to support its work to advance research and patient ... recognizing patients, medical professionals and scientists for their work in fighting pulmonary hypertension ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... SAN CLEMENTE, Calif. , June 24, 2016 /PRNewswire/ ... pulmonary function testing company, is now able to perform sophisticated lung ... ndd Medical Technologies , Inc. Patients are ... labs.  Thanks to ndd,s EasyOne PRO ® , ARL patients like ... any needed testing done in the comfort of her own home. ...
(Date:6/24/2016)... 24, 2016   Pulmatrix, Inc ., (NASDAQ: ... inhaled drugs, announced today that it was added to ... its comprehensive set of U.S. and global equity ... an important milestone for Pulmatrix," said Chief Executive Officer ... of our progress in developing drugs for crucial unmet ...
(Date:6/23/2016)... HOUSTON , June 23, 2016  MedSource ... platform as its e-clinical software solution of choice.  ... the best possible value to their clients by ... nowEDC.  The preferred relationship establishes nowEDC as the ... pricing for MedSource,s full-service clients.  "nowEDC has long ...
Breaking Medicine Technology: