Tech Company Financing Transactions

Artificial Muscle Funding Round

AllianceBernstein, Arch Venture Partners and Chevron Technology Ventures participated in a $20 million Series B capital raise for Artificial Muscle. The round was announced on 6/5/2007.

Transaction Overview

Company Name
Announced On
6/5/2007
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

AllianceBernstein (Lead Investor) (Jamie Kiggen)

Arch Venture Partners (Patrick Ennis)

Chevron Technology Ventures

Micron Ventures

NGEN Partners (Steven Parry)

Vanguard Ventures (Daniel Eilers)

Proceeds Purpose
AMI will use the funds for ramping up its high volume manufacturing and operations, new product development, and marketing and sales resources to support the plan for initial product launches.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
1320 Orleans Dr.
Sunnyvale, CA 94089
USA
Email Address
Overview
Artificial Muscle, Inc. (AMI) is a high technology company that designs and manufactures actuator and sensing components based on the new technology platform called electroactive polymer artificial muscle (EPAM).
Profile
Artificial Muscle LinkedIn Company Profile
Social Media
Artificial Muscle Company Twitter Account
Company News
Artificial Muscle News
Facebook
Artificial Muscle on Facebook
YouTube
Artificial Muscle on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dirk Schapeler
  Dirk Schapeler LinkedIn Profile  Dirk Schapeler Twitter Account  Dirk Schapeler News  Dirk Schapeler on Facebook
VP - Engineering
Tom Kridl
  Tom Kridl LinkedIn Profile  Tom Kridl Twitter Account  Tom Kridl News  Tom Kridl on Facebook
VP - Operations
Will Sutherland
  Will Sutherland LinkedIn Profile  Will Sutherland Twitter Account  Will Sutherland News  Will Sutherland on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/5/2007: IceBreaker venture capital transaction
Next: 6/6/2007: Workfront venture capital transaction

 

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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 comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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