Tech Company Financing Transactions
NovaTorque Funding Round
NovaTorque closed a $1 million funding round on 6/30/2011. Investors included Birchmere Ventures.
Transaction Overview
Company Name
Announced On
6/30/2011
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Birchmere Ventures (Ned Renzi)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
3501 Gateway Blvd.
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
NovaTorque, Inc., organized in 2005, is focused on the design, development and production of more efficient, better performing electric motors. The basis of NovaTorque's technology grew from a desire to significantly increase electric motor efficiency and performance.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on tech company VC transactions. All VC database entries reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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