InEnTec Secures $20,000,000 New Funding

  • Feed Type
  • Date
    7/29/2011
  • Company Name
    InEnTec
  • Mailing Address
    595 SW Bluff Drive Bend, OR 97702
  • Company Description
    InEnTec’s technology, called the Plasma Enhanced Melter or PEM, uses the power of plasma to break materials apart into their elemental components (such as hydrogen, carbon, and oxygen) and then transform those elements into synthesis gas which is one of the basic blocks of the chemical and energy industries. Plasma, in simple terms, is an electrically charged gas, much like the sun and stars.
  • Website
    http://www.inentec.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the financing for further engineering development.
  • M&A Terms
  • Venture Investor
    Undisclosed

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