Tech Company Financing Transactions
Aquion Energy Funding Round
Horizon Technology Finance and Silicon Valley Bank joined a $15 million capital raise for Aquion Energy. The financing round was announced on 6/19/2012.
Transaction Overview
Company Name
Announced On
6/19/2012
Transaction Type
Debt
Amount
$15,000,000
Round
Undisclosed
Investors
Horizon Technology Finance (Gerald Michaud)
Proceeds Purpose
Under the terms of the venture loan facility, Horizon provided a commitment of up to $10 million to Aquion and SVB made a commitment of up to $5 million. The funds provided under the venture loan facility will be used to support Aquion's continued growth.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
32 39th St.
Pittsburgh, PA 15201
USA
Pittsburgh, PA 15201
USA
Phone
Website
Email Address
Overview
Aquion Energy's patented AHI batteries provide safe, reliable, sustainable and cost-effective energy storage for a diverse range of applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Pearson
Chief Financial Officer
John Connolly
Chief Operating Officer
Dan Voelker
Chief Technical Officer
Jay Whitacre
VP - Human Resources
Amy Higgins
VP - Manufacturing
Vic Warren
VP - Product Management
Matthew Maroon
VP - R & D
Tom Madden
VP - Sales
Tim Poor
Browse more venture capital transactions:
Prev: 6/19/2012: Panzura venture capital transaction
Next: 6/19/2012: GaN Systems venture capital transaction
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About Our Venture Capital Transactions Database
We report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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