Accion Systems Garners $2,000,000 Seed Financing

  • Feed Type
  • Date
    1/7/2015
  • Company Name
    Accion Systems
  • Mailing Address
    Undisclosed Cambridge, MA 02140 USA
  • Company Description
    At Accion, we develop advanced technologies for the new space industry. We are striving to become a leader in high-quality, affordable propulsion technologies that enable increased access to space. Our propulsion systems are some of the first that can turn affordable satellites into capable ones.
  • Website
    http://www.accion-systems.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The funding will go toward R&D, product development and sales; the company is looking to hire engineers, materials scientists and a sales/biz dev employee.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy