The Scuderi Group Lands $20,000,000 New Funding

  • Feed Type
  • Date
    1/20/2009
  • Company Name
    The Scuderi Group
  • Mailing Address
    1111 Elm Street West Springfield, MA 01089
  • Company Description
    The Scuderi Group is an engine development company of fluid and thermodynamic experts focused on improving the performance of the internal combustion engine. The revolutionary Scuderi Split-Cycle Engine technology is the most significant improvement in engine performance in decades and can be applied to any internal combustion engine including gasoline, diesel, bio-diesel, and natural gas.

    An independent engine laboratory has completed a year-long computer modeling study resulting in further advancements in the technology as well as significantly adding to the company’s already impressive patent portfolio.

    Currently underway at a world renowned independent laboratory is the development of both gasoline and diesel prototypes of the Scuderi Split-Cycle Engine. Funding efforts are well underway for the continued development of the working prototypes and the commercialization of the technology through a worldwide licensing program.

  • Website
    http://www.scuderigroup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Undisclosed

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