Tech Company Financing Transactions
TS Conductor Funding Round
On 8/1/2024, TS Conductor raised $60 million in funding from Wellington Management Company, Blue Earth Capital and Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
8/1/2024
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds will be used to open a second US production facility, which is part of the company's plan to increase production of its high-performance conductors in response to strong customer demand.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
15272-15282 Newsboy Circle
Huntington Beach, CA 92649
USA
Huntington Beach, CA 92649
USA
Phone
Undisclosed
Website
Email Address
Overview
TS Conductor products allow transmission & distribution grid operators and renewable developers to be active participants to the energy transition -- by accelerating the integration of renewable generation (wind, solar etc) and reducing line loss -- while fully leveraging existing infrastructure assets with designed-in safety, reliability, resiliency and affordability.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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