TeraDiode Receives $10,000,000 Series B Financing Round

  • Feed Type
  • Date
    11/18/2011
  • Company Name
    TeraDiode
  • Mailing Address
    11A Beaver Brook Rd Littleton, MA 01460
  • Company Description
    TeraDiode is commercializing ground-breaking technology pioneered at MIT Lincoln Laboratory for the industry’s first ultra-bright direct-diode laser. Within one year of the company’s inception in 2009, TeraDiode created its first prototype and established an industry benchmark by breaking all previous records for combined power and beam quality from a direct-diode laser.
  • Website
    http://www.teradiode.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This investment serves a critical role in the commercialization of our disruptive, high brightness lasers for industrial and defense applications.
  • M&A Terms
  • Venture Investor
    Argonaut Private Equity
  • Venture Investor
    Stata Venture Partners
  • Venture Investor
    Undisclosed