The Scuderi Group Lands $20,000,000 New Funding
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc01049f-9250-48e2-bf03-7151f46b7479&Preview=1 -
Date
1/20/2009 -
Company Name
The Scuderi Group -
Mailing Address
1111 Elm Street West Springfield, MA 01089 -
Company Description
The Scuderi Group is an engine development company of fluid and thermodynamic experts focused on improving the performance of the internal combustion engine. The revolutionary Scuderi Split-Cycle Engine technology is the most significant improvement in engine performance in decades and can be applied to any internal combustion engine including gasoline, diesel, bio-diesel, and natural gas.An independent engine laboratory has completed a year-long computer modeling study resulting in further advancements in the technology as well as significantly adding to the company’s already impressive patent portfolio.
Currently underway at a world renowned independent laboratory is the development of both gasoline and diesel prototypes of the Scuderi Split-Cycle Engine. Funding efforts are well underway for the continued development of the working prototypes and the commercialization of the technology through a worldwide licensing program.
-
Website
http://www.scuderigroup.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
-
Venture Investor
Undisclosed
How the Scuderi Air Hybrid Engine works (video) | DARK SKIES BLOG
4/24/09 2:17 pm
[...] Scuderi Engine concept is interesting concept and has enough promise to have raised $20,000,000 new venture funding as of January 2009. The following is an excerpt from CNET News… Most conventional internal [...]