Tech Company Financing Transactions
Accion Systems Funding Round
Accion Systems secured a financing round on 10/11/2018. Investors included Boeing HorizonX and Gettylab.
Transaction Overview
Company Name
Announced On
10/11/2018
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Boeing HorizonX (Lead Investor) (Brian Schettler)
Proceeds Purpose
The investment and partnership will help Accion grow its manufacturing and connect with Boeing experts, resources and state-of-the-art facilities.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
529 Main St. 114
Boston, MA 02129
USA
Boston, MA 02129
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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