MTPV Lands $6,500,000 Series B Funding

  • Feed Type
  • Date
    9/6/2011
  • Company Name
    MTPV
  • Mailing Address
    13915 Burnet Road Austin, TX 78728
  • Company Description
    MTPV is a clean energy semiconductor chip company using its breakthrough technology to harness the world’s waste heat and convert it to electricity.
  • Website
    http://www.mtpv.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the funds from the Series B financing to expand its current beta testing and scale its manufacturing capabilities.
  • M&A Terms
  • Venture Investor
    Applied Ventures
  • Venture Investor
    Massachusetts Clean Energy Center
  • Venture Investor
    Undisclosed