Accion Systems Obtains $1,880,417 New Financing Round

  • Feed Type
  • Date
    6/30/2016
  • Company Name
    Accion Systems
  • Mailing Address
    56 Roland St. Boston, MA 02129 USA
  • Company Description
    Accion Systems is printing propulsion systems for satellites based on proprietary technology developed at MIT. Our systems address an industry-wide issue: there are no suitable in-space propulsion options for small satellites, and systems designed for large satellites are cost prohibitive.
  • Website
    http://www.accion-systems.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,880,417
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. 15 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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