Intellihot Green Technologies Secures $250,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b04df502-6f8f-4fde-a340-bd87948ff123
Date
7/12/2013
Company Name
Intellihot Green Technologies
Mailing Address
2900 W. Main Street Galesburg, IL 61401
Company Description
Intellihot Green Technologies Inc. manufactures tankless water heater systems for residential and commercial applications. The system developed after several years of extensive research and development has been recognized for its innovative design and has several patents pending.
Website
http://www.intellihot.com
Transaction Type
Venture Equity
Transaction Amount
$250,000
Transaction Round
Undisclosed
Proceeds Purposes
Energy Foundry will help enable Intellihot to expand its advanced water heating technology and create good paying jobs in Illinois.
M&A Terms
Venture Investor
Energy Foundry