Arctic Sand Technologies Garners $6,600,000 New Funding

  • Feed Type
  • Date
    6/12/2012
  • Company Name
    Arctic Sand Technologies
  • Mailing Address
    109 Fayerweather Street Cambridge, MA 02136
  • Company Description
    Arctic Sand is an MIT spinoff which is commercializing a power conversion technology for multiple mass markets that consolidates several board-level power components onto one chip. The technology boasts a tenfold reduction in circuit size, and cuts power losses by 75 percent.
  • Website
    Undisclosed
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,600,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed