Persimmon Technologies Receives New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=129fa8c7-4b0d-4d2b-bfbd-53c392419b10
Date
3/6/2014
Company Name
Persimmon Technologies
Mailing Address
200 Harvard Mill Square Wakefield, MA 01880
Company Description
Persimmon’s vision is to build the largest vacuum robotics company serving the Semiconductor, LED and Solar markets by 2020 in addition to growing Nidec Sankyo’s atmospheric robot business to the top market position by 2020.
Website
http://www.persimmontech.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
The addition of such a strong partner to an already impressive investor list puts Persimmon in a great position as we continue commercialisation of our hybrid-field motor technology.
M&A Terms
Venture Investor
ABB Technology Ventures