Transonic Combustion Receives $32,000,000 Series D Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8890b512-48bb-4430-95b4-0a027d8cc779&Preview=1
Date
11/8/2012
Company Name
Transonic Combustion
Mailing Address
461 Calle San Pablo Camarillo, CA 93012
Company Description
Transonic Combustion, Inc. is a research & development phase company focused on developing a suite of technologies which is projected to enable conventional automotive engines to run at ultra-high efficiency on gasoline and on bio-renewable flex fuels.
Website
http://www.tscombustion.com
Transaction Type
Venture Equity
Transaction Amount
$32,000,000
Transaction Round
Series D
Proceeds Purposes
Already achieving early customer successes, this funding will ensure we continue to accelerate advancement of our core product and capitalize on the growing demand for increased fuel efficiency and emission reductions.
M&A Terms
Venture Investor
Undisclosed