ARC Energy Lands $5,000,000 New Round

  • Feed Type
  • Date
    2/12/2010
  • Company Name
    ARC Energy
  • Mailing Address
    144 Clay Ave San Francisco, CA 94080
  • Company Description
    The Advanced RenewableEnergy Company, LLC (ARC Energy), was founded in 2007 to enable commercialization of cutting edge solid state lighting technologies. ARC Energy is developing highly automated turn-key sapphire crystal growth and processing equipment to support rapid advancement of the LED cost reduction. Sapphire is used as a substrate material to make LEDs.
  • Website
    http://www.arc-energy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners