Tech Company Financing Transactions
Adranos Funding Round
Adranos, operating out of Lafayette, raised $1 million in funding from private investors.
Transaction Overview
Company Name
Announced On
2/12/2020
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Archibald Cox)
Proceeds Purpose
The funding will be used by Adranos to build out its manufacturing capability, and to pursue additional key hires to build out its team.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1281 Win Hentschel Blvd. Purdue Research Park
Lafayette, IN 47906
USA
Lafayette, IN 47906
USA
Phone
Undisclosed
Website
Email Address
Overview
At Adranos, Inc. we are bringing the future of solid propulsion to the world. Our proprietary formulation increases performance (higher Isp), eliminates hydrochloric acid, and stops slag formation.
Management Team
Browse more venture capital transactions:
Prev: 2/12/2020: MoEngage venture capital transaction
Next: 2/12/2020: Mastt venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs