Tech Company Financing Transactions

Altaeros Energies Funding Round

Altaeros Energies closed a $7 million funding round on 12/5/2014. Investors included SBNY.

Transaction Overview

Company Name
Announced On
12/5/2014
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors

SBNY (Masayoshi Son)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
444 Somerville Ave.
Somerville, MA 02143
USA
Phone
Undisclosed
Email Address
Overview
Altaeros is developing a patent-pending wind turbine that can deploy out of a standard shipping container anywhere in the world. Our turbine harnesses higher altitude winds up to 8x stronger by adapting an inflatable shroud from the aerospace sector, using a conductive tether to bring power to the ground.
Profile
Altaeros Energies LinkedIn Company Profile
Social Media
Altaeros Energies Company Twitter Account
Company News
Altaeros Energies News
Facebook
Altaeros Energies on Facebook
YouTube
Altaeros Energies on YouTube

Management Team

Title
Name
Email & Social
Chairman
Adam Rein
  Adam Rein LinkedIn Profile  Adam Rein Twitter Account  Adam Rein News  Adam Rein on Facebook
Chief Executive Officer
Ben Glass
  Ben Glass LinkedIn Profile  Ben Glass Twitter Account  Ben Glass News  Ben Glass on Facebook
VP - Bus. Development
Joseph Ryan
  Joseph Ryan LinkedIn Profile  Joseph Ryan Twitter Account  Joseph Ryan News  Joseph Ryan on Facebook
VP - R & D
Sheri Palazzo
  Sheri Palazzo LinkedIn Profile  Sheri Palazzo Twitter Account  Sheri Palazzo News  Sheri Palazzo on Facebook


 

 

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Prev: 12/5/2014: Ring venture capital transaction
Next: 12/5/2014: Borrowell venture capital transaction

 

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