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

Announced On
9/19/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
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
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.
Profile
Safire Technology Group LinkedIn Company Profile
Social Media
Safire Technology Group Company Twitter Account
Company News
Safire Technology Group News
Facebook
Safire Technology Group on Facebook
YouTube
Safire Technology Group on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Lee
  John Lee LinkedIn Profile  John Lee Twitter Account  John Lee News  John Lee on Facebook
Chief Operating Officer
Mike Grubbs
  Mike Grubbs LinkedIn Profile  Mike Grubbs Twitter Account  Mike Grubbs News  Mike Grubbs on Facebook
VP - Administration
Hayley Kleciak
  Hayley Kleciak LinkedIn Profile  Hayley Kleciak Twitter Account  Hayley Kleciak News  Hayley Kleciak on Facebook
VP - Engineering
Nader Shokair
  Nader Shokair LinkedIn Profile  Nader Shokair Twitter Account  Nader Shokair News  Nader Shokair on Facebook
VP - Product Management
Andrew Hanna
  Andrew Hanna LinkedIn Profile  Andrew Hanna Twitter Account  Andrew Hanna News  Andrew Hanna on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/19/2024: Vana venture capital transaction
Next: 9/19/2024: Harbor venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary