Tech Company Financing Transactions

NxtGen Emission Controls Funding Round

On 10/30/2008, NxtGen Emission Controls received $15.4 million in Series B funding from Altira Group, Growthworks Capital and Itochu Corporation.

Transaction Overview

Company Name
NxtGen Emission Controls
Announced On
10/30/2008
Transaction Type
Venture Equity
Amount
$15,400,000
Round
Series B
Investors

Altira Group (Lead Investor) (James Newell)

Growthworks Capital

Itochu Corporation

Yaletown Venture Partners (Kirk Washington)

Proceeds Purpose
The funds will be used to commercialize NxtGen's first products for retrofit diesel emission reduction systems for on-road and off-road vehicles, and to complete development of advanced emissions and combustion optimization systems for original equipment manufacturers in North America, Asia and Europe.

Company Information

Company Status
Out of Business
Industry
Clean Tech
Mailing Address
50453 West Pontiac Trail
Wixom, MI 48393
USA
Phone
(248) 669-4900
Website
www.nxtgen.com
Email Address
[email protected]
Overview
NxtGen is an emerging supplier of syngas aftertreatment systems with products that are sold to retrofit emission system manufacturers, Tier 1 system integrators and diesel engine manufacturers. Our mission is Syngas on every power unit.
Profile
NxtGen Emission Controls LinkedIn Company Profile
Social Media
NxtGen Emission Controls Company Twitter Account
Company News
NxtGen Emission Controls News
Facebook
NxtGen Emission Controls on Facebook
YouTube
NxtGen Emission Controls on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ed Richards
  Ed Richards LinkedIn Profile  Ed Richards Twitter Account  Ed Richards News  Ed Richards on Facebook
VP - Engineering
Erik Johannes
  Erik Johannes LinkedIn Profile  Erik Johannes Twitter Account  Erik Johannes News  Erik Johannes on Facebook
VP - Operations
Jim Mann
  Jim Mann LinkedIn Profile  Jim Mann Twitter Account  Jim Mann News  Jim Mann on Facebook
VP - Sales
Gloria D'Anna
  Gloria D'Anna LinkedIn Profile  Gloria D'Anna Twitter Account  Gloria D'Anna News  Gloria D'Anna on Facebook

 

 

Browse more venture capital transactions:

Prev: 10/30/2008: Allopartis Technologies venture capital transaction
Next: 10/30/2008: Pathfinder Therapeutics venture capital transaction

 

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