Tech Company Financing Transactions
SustainX Funding Round
SustainX closed a $14.4 million financing round on 3/16/2011. Backers included Cadent Energy Partners, GE Energy Financial Services and Polaris Partners.
Transaction Overview
Company Name
Announced On
3/16/2011
Transaction Type
Venture Equity
Amount
$14,400,000
Round
Undisclosed
Investors
Proceeds Purpose
We are on schedule to develop a grid-scale prototype to be demonstrated at an affiliated AES site where we can showcase our transformative energy storage technology.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
72 Stard Rd.
Seabrook, NH 03874
USA
Seabrook, NH 03874
USA
Phone
Website
Email Address
Overview
SustainX is an energy storage technology developer whose solution is cost effective, low maintenance, non-toxic, and highly efficient. The technology is being developed to provide a solution for enhancing the value of renewable energy, commercial and industrial energy management, and transmission asset utilization and optimization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Zarrella
General Manager
Dax Kepshire
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