Phononic Devices Secures $44,500,000 Series D Funding Round

  • Feed Type
  • Date
  • Company Name
    Phononic Devices
  • Mailing Address
    800 Capitola Drive Durham, NC 27713 USA
  • Company Description
    Phononic Devices is commercializing advanced thermoelectric materials and device concepts exclusively licensed from the University of Oklahoma designed to dramatically improve the efficiency of heat-to-electric energy conversion, and conversely, efficient use of electricity for cooling and refrigeration.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
    Series D
  • Proceeds Purposes
    The funds will be used to drive sales of the company’s solid state solutions in Cold Products and Electronics Cooling, penetrate new market opportunities and expand manufacturing capacity.
  • M&A Terms
  • Venture Investor
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