Tech Company Financing Transactions
Altaeros Energies Funding Round
Private investors participated in a $3.8 million funding round for Altaeros Energies. This venture round was recorded on 11/16/2018.
Transaction Overview
Company Name
Announced On
11/16/2018
Transaction Type
Debt
Amount
$3,750,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 2 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
444 Somerville Ave.
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Undisclosed
Website
Email Address
Overview
Altaeros is developing a patent-pending wind turbine that can deploy out of a standard shipping container anywhere in the world. Our turbine harnesses higher altitude winds up to 8x stronger by adapting an inflatable shroud from the aerospace sector, using a conductive tether to bring power to the ground.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Adam Rein
Chief Executive Officer
Ben Glass
VP - Bus. Development
Joseph Ryan
VP - R & D
Sheri Palazzo
Browse more venture capital transactions:
Prev: 11/16/2018: Building Intelligence venture capital transaction
Next: 11/16/2018: Kaloom venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs