Tech Company Financing Transactions
CoalTek Funding Round
CoalTek, based in Chelmsford, scored $5.5 million from Braemar Energy Ventures, Element Partners and Warburg Pincus.
Transaction Overview
Company Name
Announced On
9/30/2009
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
119 Drum Hill Rd. PMB 304
Chelmsford, MA 01824
USA
Chelmsford, MA 01824
USA
Phone
Website
Email Address
Overview
CoalTek separates itself from all competitors through its process technology, the only application to leverage the unique advantages of volumetric heating. CoalTek's volumetric heating process is very specific to the industrial microwave base of the technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Operating Officer
Daniel Kuzmak
Chief Technical Officer
Richard Feldt
Chief Technical Officer
Kourosh Kamshad
VP - Operations
Weiping Wang
Browse more venture capital transactions:
Prev: 9/30/2009: BioRelix venture capital transaction
Next: 9/30/2009: Fluxion Biosciences venture capital transaction
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