Modumetal Receives $1,500,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbe1d822-51f3-461c-b405-1a4c013650b9&Preview=1 -
Date
5/29/2009 -
Company Name
Modumetal -
Mailing Address
1443 N. Northlake Way Seattle, WA 98103 -
Company Description
The mission of Modumetal is to revolutionize the design and manufacture of automobiles, aircraft, armor and building materials in a way that has never before been realized since the deployment of mass production concepts. -
Website
http://www.modumetal.com -
Transaction Type
Venture Equity -
Transaction Amount
$1,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new funding will be used to expand Modumetal’s effort in creating new kinds of coatings that resist corrosion in manufacturing lines, and withstand high temperatures in engines and turbines so they’ll run more efficiently. -
M&A Terms
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Venture Investor
Alliance of Angels -
Venture Investor
Second Avenue Partners -
Venture Investor
WRF Capital
