Phononic Devices Secures $40,000,000 Series E Funding

  • Feed Type
  • Date
    11/17/2016
  • Company Name
    Phononic Devices
  • Mailing Address
    800 Capitola Drive Durham, NC 27713 USA
  • Company Description
    Phononic Devices is commercializing advanced thermoelectric materials and device concepts exclusively licensed from the University of Oklahoma designed to dramatically improve the efficiency of heat-to-electric energy conversion, and conversely, efficient use of electricity for cooling and refrigeration.
  • Website
    http://www.phononicdevices.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    GGV Capital
  • Venture Investor
    Lookout Capital
  • Venture Investor
    Eastwood Capital
  • Venture Investor
    Venrock
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    Tsing Capital
  • Venture Investor
    Rex Health Ventures