FibeRio Obtains $13,000,000 New Funding

  • Feed Type
  • Date
    2/27/2013
  • Company Name
    FibeRio
  • Mailing Address
    4409 Wanda Avenue McAllen, TX 78503
  • Company Description
    From a commercial perspective the term nano describes a diameter of the fibrous shape at anything below one micron – or 1,000 nanometers. However, the most coveted properties of these materials tend to manifest themselves at below 500 nanometers (.5 microns) depending on the material and the property.
  • Website
    http://www.fiberiotech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used to accelerate the company’s commercial growth, introduce larger scale production systems to the market and execute on a growing pipeline of orders and global opportunities with industry leading customers.
  • M&A Terms
  • Venture Investor
    Saudi Basic Industries Corporation Ventures B.V.
  • Venture Investor
    Aster Capital
  • Venture Investor
    Solvay North America Investments
  • Venture Investor
    Schneider Electric Ventures
  • Venture Investor
    Alstom
  • Venture Investor
    European Investment Fund

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