Tech Company Financing Transactions
Five Star Technologies Funding Round
Five Star Technologies, based in Independence, received $2 million from MMV Financial.
Transaction Overview
Company Name
Announced On
10/31/2007
Transaction Type
Debt
Amount
$2,000,000
Round
Undisclosed
Investors
MMV Financial (Gregory Dimmer)
Proceeds Purpose
"These funds will be used by Five Star to continue development and commercialization of advanced materials, such as specialty dispersions and high performance inks. Our customers will see immediate returns as they integrate these new materials into their production lines," said Gerry Weimann, Chief Executive Officer of Five Star.
Company Information
Company Status
Out of Business
Industry
Advanced Materials
Mailing Address
6801 Brecksville Road 200
Independence, OH 44131
USA
Independence, OH 44131
USA
Phone
Website
Email Address
Overview
Since its inception, Five Star has built a broad portfolio of patented processes and advanced materials experience. In 2002, the Company obtained venture capital funding to support development of new materials-based product platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timothy Fahey
Chief Financial Officer
Marilyn Eisele
Chief Technical Officer
Dana Hankey
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Prev: 10/31/2007: Semtek Innovative Solutions venture capital transaction
Next: 10/31/2007: BDNA venture capital transaction
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