Tech Company Financing Transactions
FibeRio Funding Round
FibeRio, based in McAllen, scored $13 million from Aster Capital, Saudi Basic Industries Corporation Ventures and Alstom.
Transaction Overview
Company Name
Announced On
2/27/2013
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will be used to accelerate the company's commercial growth, introduce larger scale production systems to the market and execute on a growing pipeline of orders and global opportunities with industry leading customers.
Company Information
Company Status
Private & Independent
Industry
Nanotechnology
Mailing Address
4409 Wanda Ave. b
McAllen, TX 78503
USA
McAllen, TX 78503
USA
Phone
Website
Email Address
Not Recorded
Overview
FibeRio is a supplier of cost-effective and high-throughput nanofiber production systems powered by Forcespinning technology.
Management Team
Title
Name
Email & Social
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