Tech Company Financing Transactions
NG1 Technologies Funding Round
NG1 Technologies secured a $1.5 million Series A funding round on 11/25/2015. Backers included Band of Angels and private investors.
Transaction Overview
Company Name
Announced On
11/25/2015
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand the manufacturing and distribution for its current product, Tech Flo Exhaust, as well as to continue the current testing, research and development in the areas of fuel savings and emissions reduction.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
2165 12th St.
Sarasota, FL 34237
USA
Sarasota, FL 34237
USA
Phone
Website
Email Address
Overview
NG1 TechFlo Exhaust exists to manufacture and distribute cost effective, efficiency exhaust systems that solve problems for diesel engine users, namely by reducing high fuel costs.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 11/25/2015: Homie venture capital transaction
Next: 11/25/2015: Clustrix venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries on this site are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs