Ioxus Receives $21,000,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d5ee79e-9b5c-439a-9bf8-4c28edefeb1c&Preview=1 - Date
4/14/2011 - Company Name
Ioxus - Mailing Address
118 Winney Hill Road Oneonta, NY 13820 - Company Description
Ioxus ultracapacitor devices are optimized for higher voltage levels that combine improved materials and provide simple solutions, with significantly enhanced performance. The IP-protected technology improvements offer markets a much higher performing product that is easier to use and more cost effective. - Website
http://www.ioxus.com - Transaction Type
Venture Equity - Transaction Amount
$21,000,000 - Transaction Round
Series B - Proceeds Purposes
The funding we announced today will support research and development of advances in energy generation products. We’ll also use this round of investment to further expand our sales, marketing and manufacturing operations. - M&A Terms
- Venture Investor
Northwater Capital - Venture Investor
Braemar Energy Ventures - Venture Investor
Energy Technology Ventures - Venture Investor
Undisclosed
