Tech Company Financing Transactions
Konarka Technologies Funding Round
Konarka Technologies, operating out of Lowell, secured $45 million from Mackenzie Financial, 3i Venture Capital and Angeleno Group.
Transaction Overview
Company Name
Announced On
10/1/2007
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
"Konarka has aggressive plans to accelerate the development and commercialization of our polymer-based organic photovoltaic (OPV) technologies for consumer, commercial, BIPV and electronic applications," commented Rick Hess, president and CEO of Konarka. "This latest round of financing will help to accelerate our plan to bring Konarka's organic photovoltaic material, Power Plastic, to market."
Company Information
Company Status
Out of Business
Industry
Alternative Energy
Mailing Address
116 John Street
Lowell, MA 01852
USA
Lowell, MA 01852
USA
Phone
Website
Email Address
Overview
Konarka builds power plastic that converts light to energy anywhere. The company develops and manufactures light-activated power plastic that is inexpensive, lightweight, flexible and versatile.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Howard Berke
Chief Scientific Officer
Alan Heeger
Chief Technical Officer
James Buntaine
VP - Engineering
Stuart Spitzer
VP - Manufacturing
Larry Weldon
VP - Product Management
Eitan Zeira
VP - R & D
Russell Gaudiana
VP - Sales
Kenneth McCauley
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