Chromasun Obtains $3,000,000 Series A Funding

  • Feed Type
  • Date
    4/8/2010
  • Company Name
    Chromasun
  • Mailing Address
    1050 Nth 5th St San Jose, CA 95112
  • Company Description
    Chromasun’s founders have deep experience in utility scale solar thermal systems. The massive scale of this technology is being forged now smaller into manufacturable products that are available for the first time in a building friendly and cost effective format. The benefits of these technologies have long driven the hopes of a sustainably powered economy in the isolated wildernesses of deserts and remote locations. Now, with Chromasun, the same technology can be mounted on your rooftop. Accessible for the first time where buildings are, where loads are and where people live. Efficient, effective and aesthetic.
  • Website
    http://www.chromasun.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The investment will be used to fund the continued growth of Chromasun and market introduction of its innovative MCT solar collector for solar cooling applications.
  • M&A Terms
  • Venture Investor
    Undisclosed