Advanced Electron Beams Garners $4,000,000 New Funding Round

  • Feed Type
  • Date
    9/16/2008
  • Company Name
    Advanced Electron Beams
  • Mailing Address
    301 Ballardvale Street Wilmington, MA 01887
  • Company Description
    Advanced Electron Beams has developed one of the world’s most efficient and clean forms of industrial energy: the AEB Emitter. Conceived and developed by company founder Tovi Avnery, the AEB Emitter captures the power of electron beams in a cost-effective, compact form factor. As a result, customers today are able to use this clean energy source across a wide range of industrial applications where usage has never before been technically or economically feasible.
  • Website
    http://www.aeb.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    GE Energy Financial Services