ARC Energy Lands $5,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=044b5b36-2e26-403f-97ad-d27a669e50e8&Preview=1 -
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
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Venture Investor
General Catalyst Partners
