Google to invest in nanotechnology

The Washington Post site has an item from Bloomberg News reporting Google has started a venture-capital unit to fund new technologies, including nanotechnology:

Google Ventures will invest $100 million in its first year and mostly target young companies, Bill Maris, a managing partner of the unit, said in an interview. The fund will invest in areas such as consumer-oriented Internet companies, health care, robotics and nanotechnology, he said.

—Jim