H2scan Corporation Receives $4,000,000 Series D Financing Round

  • Feed Type
  • Date
    7/31/2008
  • Company Name
    H2scan Corporation
  • Mailing Address
    28486 Westinghouse Place Valencia, CA 91355
  • Company Description
    H2scan Corporation is headquartered in Valencia, California, and was formed September 18, 2002 through an MBO with capital assistance from Vancouver-based Chrysalix Energy Limited Partnership and Ravinia Venture Fund. The company was created upon the purchase of all sensor assets of DCH Sensor Corporation.
  • Website
    http://www.h2scan.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    Proceeds from the funding have been used to upgrade the production and R&D facility, purchase additional equipment and provide additional funds for sales and marketing efforts, including the recently announced hiring of an East Coast sales manager.
  • M&A Terms
  • Venture Investor
    Chrysalix Energy
  • Venture Investor
    Tech Coast Angels
  • Venture Investor
    Pasadena Angels

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