Get the latest Venture Capital & Angel investors news and info Join Our Mailing List:

Your Name: 

Your Email:  

*By submitting your name & email you agree to receive for FREE our scholarships & offers Newsletters. You agree also with the storage and handling of your data by this website and 3rd party email services.
You may unsubscribe if you wish. And you can delete your email and name at any time by emailing us to the email on the bottom of this page.

Follow us on
 
  • 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

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 266,924 bad guys.

 

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


 

By using this website you agree with our cookie policy