Tech Company Financing Transactions
Amastan Technologies Funding Round
Amastan Technologies closed a $11 million Series B funding round on 5/22/2019. Backers included Anzu Partners, LAUNCH Fund and Material Impact Fund.
Transaction Overview
Company Name
Announced On
5/22/2019
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
Proceeds Purpose
This additional infusion of capital, along with the acquisition of AL Solutions, accelerates Amastan into full production mode and creates a clear and unique pathway for us to manufacture premium metal powders that are derived from sustainable sources.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
25 Commerce Way
North Andover, MA 01845
USA
North Andover, MA 01845
USA
Phone
Website
Email Address
Overview
Amastan Technologies is commercializing a disruptive process technology born out of discoveries made at MIT and UConn Innovation Labs. Amastan is bringing patented microwave-based plasma technologies to market for the first time in the world.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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