TeraDiode Receives $10,000,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd2e7041-a08d-4e89-8592-d71b4320c857&Preview=1 - Date
11/18/2011 - Company Name
TeraDiode - Mailing Address
11A Beaver Brook Rd Littleton, MA 01460 - Company Description
TeraDiode is commercializing ground-breaking technology pioneered at MIT Lincoln Laboratory for the industry’s first ultra-bright direct-diode laser. Within one year of the company’s inception in 2009, TeraDiode created its first prototype and established an industry benchmark by breaking all previous records for combined power and beam quality from a direct-diode laser. - Website
http://www.teradiode.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Series B - Proceeds Purposes
This investment serves a critical role in the commercialization of our disruptive, high brightness lasers for industrial and defense applications. - M&A Terms
- Venture Investor
Argonaut Private Equity - Venture Investor
Stata Venture Partners - Venture Investor
Undisclosed
