Tech Company Financing Transactions
FriCSo Funding Round
FriCSo, based in Lake Orion, secured $1.1 million from Aviv Ventures.
Transaction Overview
Company Name
Announced On
1/17/2005
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Series A
Investors
Aviv Ventures (Amir Guttman)
Proceeds Purpose
FriCSo has developed a unique technology that reduces friction and extends life of machines, engines, transmission systems, turbines, pumps, bearings and other systems. The money raised will be used to expand marketing and sales efforts.
Company Information
Company Status
Out of Business
Industry
Electronics
Mailing Address
171 Chamberlain
Lake Orion, MI 48362
USA
Lake Orion, MI 48362
USA
Phone
Website
Email Address
Overview
FriCSo develops and provides advanced nanolayer-based technology for friction reduction between moving parts.
Management Team
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