Tech Company Financing Transactions
Phononic Devices Funding Round
Phononic Devices, operating out of Durham, secured $1 million from private investors and Venrock.
Transaction Overview
Company Name
Announced On
12/31/2009
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Venrock (Matthew Trevithick)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
801 Capitola Dr.
Durham, NC 27713
USA
Durham, NC 27713
USA
Phone
Website
Email Address
Overview
Phononic Devices is commercializing advanced thermoelectric materials and device concepts exclusively licensed from the University of Oklahoma designed to dramatically improve the efficiency of heat-to-electric energy conversion, and conversely, efficient use of electricity for cooling and refrigeration.
Management Team
Title
Name
Email & Social
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