Ioxus Receives $21,000,000 Series B Financing Round

  • Feed Type
  • Date
    4/14/2011
  • Company Name
    Ioxus
  • Mailing Address
    118 Winney Hill Road Oneonta, NY 13820
  • Company Description
    Ioxus ultracapacitor devices are optimized for higher voltage levels that combine improved materials and provide simple solutions, with significantly enhanced performance. The IP-protected technology improvements offer markets a much higher performing product that is easier to use and more cost effective.
  • Website
    http://www.ioxus.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding we announced today will support research and development of advances in energy generation products. We’ll also use this round of investment to further expand our sales, marketing and manufacturing operations.
  • M&A Terms
  • Venture Investor
    Northwater Capital
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    Energy Technology Ventures
  • Venture Investor
    Undisclosed

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