Fallbrook Technologies Inc Obtains $25,400,000 New Funding Round

  • Feed Type
  • Date
    1/12/2009
  • Company Name
    Fallbrook Technologies Inc
  • Mailing Address
    9444 Waples St San Diego, CA 92121
  • Company Description
    Fallbrook Technologies Inc. (Fallbrook) is a research and development company manufacturing advanced transmission systems.

    Fallbrook’s core technology is its traction-based, NuVinci® transmission – a continuously variable planetary (CVP) drive ideally suited for applications in virtually any mechanical device that has a transmission, or requires speed variation. The Company currently holds over 200 patents and pending applications worldwide.

  • Website
    http://www.fallbrooktech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,400,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will enable Fallbrook to continue the commercialization of its NuVinci continuously variable planetary (CVP) transmission, and to accelerate the development of advanced technologies.
  • M&A Terms
  • Venture Investor
    NGEN Partners
  • Venture Investor
    Robeco Clean Tech Private Equity
  • Venture Investor
    Undisclosed

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