Tech Company Financing Transactions
Safire Technology Group Funding Round
Safire Technology Group, operating out of Tysons, secured $8 million from Canaan Partners, Ajinomoto Co and Automotive Ventures.
Transaction Overview
Company Name
Announced On
9/19/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1775 Tysons Blvd. 5th Floor
Tysons, VA 22102
USA
Tysons, VA 22102
USA
Phone
Website
Email Address
Overview
Safire Technology Group emerged in 2020 from a 5-year R&D effort led by U.S. Dept. of Energy Oak Ridge National Laboratory (ORNL), and a commercialization effort sponsored by FedTech. Forming directly out of these efforts, the team consists of a world-leading expert in electrochemical energy storage and seasoned business leaders with decades of extensive experience in bringing new technologies to market in both private and public sectors.
Management Team
Title
Name
Email & Social
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We report on funding rounds that are announced publicly. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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