Xtreme Power Solutions Secures $29,500,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e8105e4-6b62-4b39-a652-bc1851b621f6&Preview=1
Date
7/27/2010
Company Name
Xtreme Power Solutions
Mailing Address
1120 Goforth Road Kyle, TX 78640
Company Description
Xtreme Power is a Power Systems company with sophisticated technology to deliver efficient solutions. Xtreme Power Solutions is a manufacturer of power systems from the small sized, (2kW) generator replacement, through large scale Megawatt load leveling & power storage applications.
Website
http://www.xtremepowerinc.com
Transaction Type
Venture Equity
Transaction Amount
$29,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The financing will support Xtreme Power’s technology development, production expansion, and large-scale power projects.
M&A Terms
Venture Investor
Bessemer Venture Partners
Venture Investor
Dow Venture Capital
Venture Investor
Sail Venture Partners
Venture Investor
Posco BioVentures
Venture Investor
Undisclosed