NanoSteel Obtains $10,000,000 New Financing

  • Feed Type
  • Date
    6/5/2015
  • Company Name
    NanoSteel
  • Mailing Address
    272 West Exchange Street Providence, RI 02903 USA
  • Company Description
    NanoSteel is an advanced materials company which has created a unique and proprietary portfolio of nanotechnology based and environmentally friendly steel alloys that greatly increase the value of steel in most of today’s industrial applications.
  • Website
    http://www.nanosteelco.com
  • Transaction Type
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Horizon’s $10 million venture loan facility provides us with growth capital to achieve near term commercial scale and product qualification milestones.
  • M&A Terms
  • Venture Investor

Trending on Xconomy