Tech Company Financing Transactions
Propel Fuels Funding Round
Propel Fuels, operating out of Sacramento, secured $2 million from Claremont Creek Ventures.
Transaction Overview
Company Name
Announced On
2/1/2006
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
Claremont Creek Ventures (Lead Investor) (John Steuart)
Proceeds Purpose
In addition to being Claremont Creek's first investment, PropertyBridge represents a first for the City of Oakland: Claremont Creek is Oakland's first VC firm, and its first investment is in an Oakland-based company.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
1815 19th St.
Sacramento, CA 95811
USA
Sacramento, CA 95811
USA
Phone
Website
Email Address
Overview
Fueling change means empowering drivers with a way to make clean, American-made fuel a part of our daily lives. The American consumer has waited too long for a better fueling option, one that positively affects our economy, our environment and the engines that power our lives.
Management Team
Title
Name
Email & Social
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