Advanced Electron Beams Lands $14,200,000 Series C Financing Round

  • Feed Type
  • Date
    8/4/2009
  • Company Name
    Advanced Electron Beams
  • Mailing Address
    301 Ballardvale Street Wilmington, MA 01887
  • Company Description
    Advanced Electron Beams has developed one of the world’s most efficient and clean forms of industrial energy: the AEB Emitter. Conceived and developed by company founder Tovi Avnery, the AEB Emitter captures the power of electron beams in a cost-effective, compact form factor. As a result, customers today are able to use this clean energy source across a wide range of industrial applications where usage has never before been technically or economically feasible.
  • Website
    http://www.aeb.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,200,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    It will use the money to accelerate sales growth and develop new applications designed to enable energy-efficient manufacturing.
  • M&A Terms
  • Venture Investor
    Flagship Ventures
  • Venture Investor
    Atlas Venture
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Rockport Capital Partners
  • Venture Investor
    Undisclosed

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