Nuventix Receives $10,000,000 New Funding

  • Feed Type
  • Date
    7/19/2011
  • Company Name
    Nuventix
  • Mailing Address
    4635 Boston Lane Austin, TX 78735
  • Company Description
    Nuventix was founded by Professor Ari Glezer and researchers, Dr. Sam Heffington and Dr. Raghav Mahalingam, at the Georgia Institute of Technology with the simple goal of removing more heat with less air. The result is a radically new approach to thermal management that is not only more thermally effective, but is quieter, more flexible and more energy efficient than fans.
  • Website
    http://www.nuventix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This funding and collaboration with GE Lighting will power our global expansion and technology growth as we advance SynJet technology for use in LED lighting and electronics.
  • M&A Terms
  • Venture Investor
    Advanced Technology Ventures
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    CenterPoint Ventures
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Rho Ventures
  • Venture Investor
    GE Energy Financial Services

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