Tech Company Financing Transactions
Hydro Green Energy Funding Round
Hydro Green Energy, operating out of Birmingham, secured $2.6 million from Quercus Trust.
Transaction Overview
Company Name
Announced On
4/15/2008
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Series A
Investors
Proceeds Purpose
Wayne F. Krouse, CEO and Founder of Hydro Green Energy. "The funding from the Quercus Trust validates the vision and business strategy of this company. I am especially pleased that the Quercus Trust sees the value of our integrated Hydro+(TM) applications. These funds will be used to accelerate our growth, deploy our first commercially-operational project and to study additional project opportunities.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
P.O. Box 43796
Birmingham, AL 35243
USA
Birmingham, AL 35243
USA
Phone
Website
Email Address
Overview
Hydro Green Energy is a hydropower development company with proprietary technology. We develop new, low-impact hydropower projects in the U.S. and Latin America.
Management Team
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Prev: 4/15/2008: Diasome Pharmaceuticals venture capital transaction
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