Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c6a2d038-7e96-428c-96f6-80a0496abca4&Preview=1
Date 9/24/2012
Company Name Tribogenics
Mailing Address 4040 Del Rey Avenue Marina Del Rey, CA 90292
Company Description Tribogenics patented technology enables portable, compact x-ray solutions for applications in precious metal, mining, military, medical imaging, security and other industries. By miniaturizing X-ray sources and eliminating the need for high voltage.
Proceeds Purposes With this new round of funding, Tribogenics will expedite time to market by hiring additional engineers and scientists as well as expanding the size of its internal R&D facility. The company plans to launch its lineup of small X-ray sources designed for new compact XRF devices in 2013 and is currently identifying key industry partners to co-develop the first commercial products based on this new technology.