Viryd Receives New Round

  • Feed Type
  • Date
  • Company Name
  • Mailing Address
    9701 Metric Blvd. Austin, TX 78758
  • Company Description
    Viryd Technologies (Viryd) was founded in 2007 to develop and commercialize NuVinci Continuously Variable Planetary (CVP) transmission technology for the wind industry. NuVinci CVP technology was invented by Fallbrook Technologies Inc. (Fallbrook) and enables a new class of continuously variable transmission (CVT). Traction-based, NuVinci transmissions are ideally suited for applications in virtually any mechanical device that has a transmission, or which requires speed variation.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    This investment will accelerate the development of Viryd wind turbines, and move us closer to spurring the global adoption of our technology,
  • M&A Terms
  • Venture Investor

Trending on Xconomy