Tech Company Financing Transactions
General Compression Funding Round
General Compression closed a $17 million Series A financing round on 2/24/2010. Investors included Duke Energy and US Renewables Group.
Transaction Overview
Company Name
Announced On
2/24/2010
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Proceeds Purpose
The financing will support development of a first commercial scale unit and a series of storage projects thereafter.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
275 Grove St. 2
West Roxbury, MA 02466
USA
West Roxbury, MA 02466
USA
Phone
Website
Email Address
Overview
General Compression, Inc. is developing advanced Compressed Air Energy Storage technology to enable low-cost, dispatchable clean power.
Management Team
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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