Element Materials Technology Secures $93,250,000 New Funding Round

  • Feed Type
  • Date
    8/6/2012
  • Company Name
    Element Materials Technology
  • Mailing Address
    Undisclosed Huntington Beach, CA 92648
  • Company Description
    Today, we’re a global network of laboratories with experts specializing in materials testing, product qualification testing and failure analysis. With a team of 1000 scientists, engineers and technicians working in laboratories located throughout the USA and Europe, we’re a single go-to partner for quality, on-time materials technology solutions. And working one-on-one to manage project details and maximize their impact on an entire supply chain, we take customer service to an unprecedented level.
  • Website
    http://www.element.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $93,250,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The money was used to fund Element’s acquisition of Materials Engineering Research Laboratory Limited, a UK-based company.
  • M&A Terms
  • Venture Investor
    3i Venture Capital