Tech Company Financing Transactions
Silent Power Funding Round
Hanwha Investment participated in a $8 million funding round for Silent Power. The financing round was announced on 7/13/2012.
Transaction Overview
Company Name
Announced On
7/13/2012
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Proceeds Purpose
We will be hiring a number of new employees, starting with some high-end engineering positions.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
8175 Industrial Park Rd. 100
Baxter, MN 56425
USA
Baxter, MN 56425
USA
Phone
Website
Email Address
Overview
Silent Power was founded in 2002 with an initial focus on innovative and reliable power conversion and energy storage equipment for the off grid market. The company created patented technology to allow a high frequency, micro-transformer to handle large surge currents that are typical when starting electric motor loads.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Frederick
Chief Technical Officer
Dan Pehrson
VP - Operations
Bruce Billington
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