Tech Company Financing Transactions
CoalTek Funding Round
CoalTek closed a $33 million Series C investment round on 2/26/2007. Backers included Braemar Energy Ventures, Lightspeed Venture Partners and Threshold Ventures.
Transaction Overview
Company Name
Announced On
2/26/2007
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Series C
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.
Management Team
Title
Name
Email & Social
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We do our best to report on tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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