Paper Battery Lands $3,000,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=455ca85c-3f53-48a9-a1e2-1c395af9f92c
Date
6/10/2014
Company Name
Paper Battery
Mailing Address
165 Jordan Road Troy, NY 12180 USA
Company Description
Founded in late 2008 by a team of visionary scientists and an entrepreneur-in-residence at the Severino Center for Technological Entrepreneurship, we have evolved our own commercial technology platform driven by a creative founding chief technology officer and built a sizeable patent portfolio of our own.
Website
http://www.paperbatteryco.com
Transaction Type
Venture Equity
Transaction Amount
$3,000,000
Transaction Round
Series A
Proceeds Purposes
The company intends to use the funds to scale from the existing pilot production line to commercial manufacturing and achieve first sales revenues in 2015.
M&A Terms
Venture Investor
Venture Investor
Venture Investor