Accion Systems Obtains $6,000,783 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c0db3db-2192-456a-99df-ca3789b7e3ce - Date
5/12/2016 - Company Name
Accion Systems - Mailing Address
56 Roland St. Boston, MA 02129 USA - Company Description
Accion Systems is printing propulsion systems for satellites based on proprietary technology developed at MIT. Our systems address an industry-wide issue: there are no suitable in-space propulsion options for small satellites, and systems designed for large satellites are cost prohibitive. - Website
http://www.accion-systems.com - Transaction Type
Venture Equity - Transaction Amount
$6,000,783 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds purposes were not disclosed. 7 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing. - M&A Terms
- Venture Investor
Undisclosed
