Fallbrook Technologies Obtains $4,000,000 Series B Funding

  • Feed Type
  • Date
    11/23/2009
  • Company Name
    Fallbrook Technologies
  • Mailing Address
    9444 Waples St San Diego, CA 92121
  • Company Description
    Fallbrook Technologies Inc. (Fallbrook) is a research and development company manufacturing advanced transmission systems.

    Fallbrook’s core technology is its traction-based, NuVinci® transmission – a continuously variable planetary (CVP) drive ideally suited for applications in virtually any mechanical device that has a transmission, or requires speed variation. The Company currently holds over 200 patents and pending applications worldwide.

  • Website
    http://www.fallbrooktech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The New Funding Will be use in “improving the performance and flexibility of transmissions for vehicles and equipment.”
  • M&A Terms
  • Venture Investor
    Undisclosed