Tech Company Financing Transactions
Therma-Flite Funding Round
On 11/19/2013, Therma-Flite raised $7.5 million in financing from XPV Water Partners.
Transaction Overview
Company Name
Announced On
11/19/2013
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to introduce new products within its core markets and expand its plants in Benicia and El Dorado, Arkansas.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
4200 Research Forest Dr. 350
The Woodlands, TX 77381
USA
The Woodlands, TX 77381
USA
Phone
Website
Email Address
Overview
Therma-Flite has a long history of screw conveyor technology and auger design, manufacturing equipment for chemical and process industries all over the world. Therma-Flite (then known as Christian Engineering) designed, built and sold the first hollow screw heat exchanger in 1939 for the food industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Potter
Browse more venture capital transactions:
Prev: 11/19/2013: ALDEA Pharma venture capital transaction
Next: 11/19/2013: Aria Systems venture capital transaction
Share this article
About Database of VC Transactions
We do our best to record every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs