Tech Company Financing Transactions
Novasentis Funding Round
Chengwei Ventures, Samsung Ventures and private investors participated in a $8 million funding round for Novasentis. The financing closed on 10/31/2013.
Transaction Overview
Company Name
Announced On
10/31/2013
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Chengwei Ventures (Lead Investor)
Samsung Ventures (Lead Investor)
Proceeds Purpose
Novasentis said the new funding will be used to increase production of some of its products and hire additional employees.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
2560 9th St. 314
Berkeley, CA 94710
USA
Berkeley, CA 94710
USA
Phone
Website
Email Address
Overview
As creators of the world's thinnest haptic actuator and sensor technology, Novasentis (formerly Strategic Polymer Sciences, Inc,) is poised to usher in a new age for the consumer electronics world - The Neo-Sensory Age. Novasentis EMP polymer technology is making history by expanding the sensory interactions of life.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Francois Jeanneau
Chief Financial Officer
Linda Ara
Chief Technical Officer
Michael Vestel
VP - Human Resources
Christine Kittinger
VP - Manufacturing
John Jacobi
VP - Marketing
Sri Peruvemba
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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