Thalchemy Secures $650,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31feafa8-92e7-4a49-9b9b-20d7cae4df86
Date
6/26/2014
Company Name
Thalchemy
Mailing Address
1605 Monroe Street Madison, WI 53711 USA
Company Description
Thalchemy Corporation’s vision is to empower technology with the ever vigilant sensing capability of the human brain, thereby revolutionizing the market through enhancing user-experience and enabling entirely new application domains.
Website
http://www.thalchemy.com
Transaction Type
Debt
Transaction Amount
$650,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the funding to file patents on its technology, accelerate product development, and expand to about a dozen employees, said Hashmi, the company’s president and CEO.
M&A Terms
Venture Investor
Venture Investor
Venture Investor