Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e6db8b4-e9ee-4264-986b-c90a09ad3b3f
Date 9/13/2016
Company Name Phononic Devices
Mailing Address 800 Capitola Drive Durham, NC 27713 USA
Company Description Phononic Devices is commercializing advanced thermoelectric materials and device concepts exclusively licensed from the University of Oklahoma designed to dramatically improve the efficiency of heat-to-electric energy conversion, and conversely, efficient use of electricity for cooling and refrigeration.
Proceeds Purposes The funding will be used to grow the company’s sales and marketing organization responsible for expanding a portfolio of disruptive solid-state products in electronics cooling, and healthcare, residential, and commercial/merchandising refrigeration; within existing and new global markets.