Tech Company Financing Transactions

Titan Advanced Energy Solutions Funding Round

Titan Advanced Energy Solutions, based in Salem, secured $10 million from Energy Innovation Capital, Schneider Electric Ventures and Massachusetts Clean Energy Center.

Transaction Overview

Announced On
10/1/2019
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Proceeds Purpose
The company will use the funds to: accelerate product development, launch solutions that enable second-life batteries to be repurposed, recruit engineering talent and expand sales activities in the automotive and consumer electronics markets.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
35 Congress St. 2nd Floor 2251
Salem, MA 01970
USA
Email Address
Overview
Titan Advanced Energy Solutions (Titan) develops advanced battery management systems for lithium-ion batteries (LiB). Our patented ultrasound technology provides over 99% SoH/SoC accuracy over the life of the battery. The benefits of this dramatically improved accuracy are significant: at least 20% increase in charge capacity and 125% increase in battery life.
Profile
Titan Advanced Energy Solutions LinkedIn Company Profile
Social Media
Titan Advanced Energy Solutions Company Twitter Account
Company News
Titan Advanced Energy Solutions News
Facebook
Titan Advanced Energy Solutions on Facebook
YouTube
Titan Advanced Energy Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shawn Murphy
  Shawn Murphy LinkedIn Profile  Shawn Murphy Twitter Account  Shawn Murphy News  Shawn Murphy on Facebook
President
Sean O'Day
  Sean O'Day LinkedIn Profile  Sean O'Day Twitter Account  Sean O'Day News  Sean O'Day on Facebook
VP - Human Resources
Michele Quigley
  Michele Quigley LinkedIn Profile  Michele Quigley Twitter Account  Michele Quigley News  Michele Quigley on Facebook
VP - Product Management
Nemanya Sedoglavich
  Nemanya Sedoglavich LinkedIn Profile  Nemanya Sedoglavich Twitter Account  Nemanya Sedoglavich News  Nemanya Sedoglavich on Facebook
VP - Product Management
Erik Soule
  Erik Soule LinkedIn Profile  Erik Soule Twitter Account  Erik Soule News  Erik Soule on Facebook


 

 

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