Tech Company Financing Transactions
Carbon Freight Funding Round
Carbon Freight, based in Pittsburgh Allegheny County, raised $55 thousand from Innovation Works.
Transaction Overview
Company Name
Announced On
3/31/2016
Transaction Type
Venture Equity
Amount
$55,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1929 McCague St.
Pittsburgh Allegheny County, PA 15218
USA
Pittsburgh Allegheny County, PA 15218
USA
Phone
Website
Email Address
Overview
With a toughened composite panel and high strength aluminum alloy edge rails, the Carbon Freight PMC weighs in at only 75 KG (166 lbs), 18% lighter than the market standard, without sacrificing durability. This allows for 620 KG (1365 lbs) more cargo per flight, or carry additional seats on a passenger flight.
Management Team
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