The nature of the fastgrowing companies that the venture funding industry backs means that debts and losses are common.

Amid all this, the share prices of many big players have halved since the turn of the millennium and venture funding has become harder to find.

Basic materials like these will continue to characterize the market, although companies developing these products get less venture funding than companies trying to make memory chips out of molecules.

Owing to various internal problems the initiative was in need of venture funding, which it did receive.

Total venture funding since the companys inception totals $6.5 million.