Pentadyne Power Corp. Receives $22,000,000 New Financing Round

  • Feed Type
  • Date
    9/23/2008
  • Company Name
    Pentadyne Power Corp.
  • Mailing Address
    20750 Lassen Street Chatsworth, CA 91311- 450
  • Company Description
    Pentadyne Power Corporation designs, manufactures and markets advanced flywheel power systems that provide ride-through power and voltage stabilization for power quality and power recycling applications.
  • Website
    http://www.pentadyne.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new capital will be used to fuel expansion of the company into new markets, with enhanced energy storage systems and the sales and production of new and existing products.
  • M&A Terms
  • Venture Investor
    Undisclosed

By posting a comment, you agree to our terms and conditions.