Fallbrook Technologies Secures $35,000,000 New Funding

  • Feed Type
  • Date
    12/6/2013
  • Company Name
    Fallbrook Technologies
  • Mailing Address
    2620 Brushy Creek Loop Cedar Park, TX 78613
  • Company Description
    Fallbrook Technologies is a research and development company manufacturing advanced transmission systems.
  • Website
    http://www.fallbrooktech.com
  • Transaction Type
    Debt
  • Transaction Amount
    $35,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Fallbrook will use most of this to continue development and licensing on its NuVinci transmission, which it says is a greener and more fuel-efficient transmission technology for cars, trucks, and other types of vehicles.
  • M&A Terms
  • Venture Investor
    White Oak Global Advisors

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