Turbo-Trac USA Obtains $200,000 New Funding Round

  • Feed Type
  • Date
    9/30/2012
  • Company Name
    Turbo-Trac USA
  • Mailing Address
    6170 Research Rd Box 203 Frisco, TX 75034
  • Company Description
    Turbo Trac USA, Inc. is a clean technology company. Turbo Trac is the developer and manufacturer of an innovative Infinitely Variable Mechanical Transmission specifically designed to reduce energy consumption in, improve productivity and increase the reliability of industrial and manufacturing systems. Turbo Trac broadly patented transmission designs can reduce energy consumption up to 25% in some applications.
  • Website
    http://www.turbo-trac.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Pillar Capital Management