Tech Company Financing Transactions
TechnoSpin Funding Round
TechnoSpin, operating out of Hastings on Hudson, secured $8 million from 21 Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/29/2008
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
21 Ventures (Lead Investor) (David Anthony)
Proceeds Purpose
The money will back R&D as well as sales and marketing efforts.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
55 Heath Pl.
Hastings on Hudson, NY 10706
USA
Hastings on Hudson, NY 10706
USA
Phone
Website
Email Address
Overview
TechnoSpin Inc. is developing, manufacturing and selling superior wind turbines which are not limited to the areas with strong winds, but can also operate in many other areas worldwide (accounting for more than 80 % of the Earth's ground surface) - everywhere the wind blows.
Management Team
Browse more venture capital transactions:
Prev: 4/29/2008: Intacct venture capital transaction
Next: 4/29/2008: Wishpot venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs