Tech Company Financing Transactions
KLD Energy Technologies Funding Round
KLD Energy Technologies closed a $10 million financing round on 1/18/2011. Investors included private investors.
Transaction Overview
Company Name
Announced On
1/18/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
KLD planned to build its business by first deploying its system in electric three-wheelers and scooters internationally (starting in Asia and South America), and targeting the electric scooter market in the U.S. through a deal with Vietnamese scooter manufacturer Sufat (with a starting scooter price of $3,288). KLD Energy offers the technology for licensing, while its subsidiary KLD Motors America manufactures electric motors using a nano-crystalline composite material at a facility in Vinh Phuc, Vietnam.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1611 Headway Cir. Bldg 3
Austin, TX 78754
USA
Austin, TX 78754
USA
Phone
Website
Email Address
Overview
KLD Energy Technologies is transforming transportation and decreasing pollution through high-performance electric motor systems that enable the production of highly efficient, environmentally friendly two- and three-wheeled vehicles.
Management Team
Title
Name
Email & Social
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We do our best to report on funding rounds that are announced publicly. 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.
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