Novinium Obtains $6,000,000 Series C Financing

  • Feed Type
  • Date
    4/2/2008
  • Company Name
    Novinium
  • Mailing Address
    22019 70th Avenue South Kent, WA 98032
  • Company Description
    Novinium delivers the most advanced underground cable rehabilitation technologies throughout the world. Rehabilitation encompasses replacement and rejuvenation and so does Novinium. A full spectrum of technologies combined to provide the highest level of system reliability – always with the least capital intensity and the most advantageous life cycle cost.
  • Website
    http://www.novinium.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The latest round of funding will enable Novinium to maintain its rapid pace of growth and continue to offer innovative technology to improve grid reliability for leading utility companies.
  • M&A Terms
  • Venture Investor
    Nomura Phase4 Ventures
  • Venture Investor
    Undisclosed

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