Modumetal Receives $1,500,000 New Funding Round

  • Feed Type
  • Date
    5/29/2009
  • Company Name
    Modumetal
  • Mailing Address
    1443 N. Northlake Way Seattle, WA 98103
  • Company Description
    The mission of Modumetal is to revolutionize the design and manufacture of automobiles, aircraft, armor and building materials in a way that has never before been realized since the deployment of mass production concepts.
  • Website
    http://www.modumetal.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will be used to expand Modumetal’s effort in creating new kinds of coatings that resist corrosion in manufacturing lines, and withstand high temperatures in engines and turbines so they’ll run more efficiently.
  • M&A Terms
  • Venture Investor
    Alliance of Angels
  • Venture Investor
    Second Avenue Partners
  • Venture Investor
    WRF Capital

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