|
||
|
Venture capital firms and funds in Europe 128 Venture Capital Group 3i Venture Capital Accuitive Medical Acer Venture Capital Act Venture Capital Ltd Adelaide Venture Capital Email ADS Ventures Boston Advantages Of Venture Capital Advent Venture Capital Agio Capital Alabama Venture Capital Alaska Venture Capital All Stages Venture Capital American Venture Capital Analysis Venture Capital Analyze Venture Capital Angel Capital Appraisal Venture Capital Arch Venture Capital Argentina Venture Capital Arizona Venture Capital Arkansas Venture Capital Arrowpath Venture Capital Assess Venture Capital Assessment Venture Capital Atlas Venture Capital ATV Venture Capital Aurora Fund Australia Venture Capital Austria Venture Capital Automotive Venture Capital AZ Venture Capital VCgate More Venture Capital Terms and Topics
-
Atraverda increases Series A financing round to $12 Million
March 12th, 2007 No comments
Atraverda, an advanced materials company, based in South Wales, UK has increased its Series A financing round to US$12 Million from a syndicate of US and UK investors.
Atraverda’s technology base is founded on the properties of its proprietary Ebonex Technology and the new funding will be used to develop the commercial opportunities presented by the electrically conductive ceramic.
The portfolio of investors consists of UK based Scottish Equity Partners, The Sagentia Group and Wales Fund Managers and US based EnerTech Capital and OnPoint Technologies. Additional funding was received through a grant from the Welsh Assembly Government.
The company’s strength lies in the versatility of Ebonex Technology, a titanium suboxide material which has a unique combination of metallic-like electrical conductivity along with the characteristic high corrosion resistance of ceramics.
Primary applications include a bi-polar battery product which is currently in testing with some of the world’s largest manufacturers. Ebonex bi-polar batteries are an environmentally strong technology with significantly less lead used than conventional batteries. They are set to revolutionize a host of markets including standby power, mobility, military, telecoms, automotive and the emerging hybrid electric vehicles sector. Further applications include water and effluent treatment and the cathodic protection of concrete.
The company is backed by US and UK investors.
Andrew Dixey, Group Chief Executive Officer, Atraverda Limited said: “We are delighted to have increased our Series A financing round to $12 Million. This will allow us to continue our growth and realise the potential of our proprietary Ebonex Technology. The support, advice and expertise of our team of investors will give the company the confidence to make a major impact in the various billion dollar markets our technology addresses.”
For further information, please visit: www.atraverda.com
Leave a reply
Latest Headlines:
Friday August 31, 2012
Zscaler Secures $38 Million Investment Round
Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.
Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects
Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding
Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies
Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains
Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster
Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility