SciAps Secures $2,300,000 New Financing

  • Feed Type
  • Date
    7/30/2013
  • Company Name
    SciAps
  • Mailing Address
    2 Constitution Way Woburn, MA 01801
  • Company Description
    SciAps, Inc., is a Boston-based instrumentation company specializing in portable analytical instruments. Our mission is to provide durable, field-tested, portable instruments to identify any compound, any mineral, any element — anyplace on the planet.
  • Website
    http://www.sciaps.com
  • Transaction Type
    Debt
  • Transaction Amount
    $2,300,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the debt funds to support its Delta Nu operations that are focused on the portable Raman analyzer business segment. The equity capital will fund the continued development of new portable analytical technologies.
  • M&A Terms
  • Venture Investor
    Rand Capital
  • Venture Investor
    Coastal Ventures
  • Venture Investor
    Enhanced Capital Partners