Tech Company Financing Transactions

Phononic Devices Funding Round

On 7/22/2021, Phononic Devices secured $50 million in funding from Goldman Sachs.

Transaction Overview

Company Name
Announced On
7/22/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand sales and marketing, domestic and international high-volume manufacturing capabilities, and expand its cooling and refrigeration product portfolio and platform.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
801 Capitola Dr.
Durham, NC 27713
USA
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.
Profile
Phononic Devices LinkedIn Company Profile
Social Media
Phononic Devices Company Twitter Account
Company News
Phononic Devices News
Facebook
Phononic Devices on Facebook
YouTube
Phononic Devices on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anthony Atti
  Anthony Atti LinkedIn Profile  Anthony Atti Twitter Account  Anthony Atti News  Anthony Atti on Facebook
Chief Financial Officer
Jeffrey Yardley
  Jeffrey Yardley LinkedIn Profile  Jeffrey Yardley Twitter Account  Jeffrey Yardley News  Jeffrey Yardley on Facebook
Chief Operating Officer
Jason Ruppert
  Jason Ruppert LinkedIn Profile  Jason Ruppert Twitter Account  Jason Ruppert News  Jason Ruppert on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/22/2021: Loop Returns venture capital transaction
Next: 7/22/2021: b.well venture capital transaction

 

Share this article

 


Where The Data Comes From

We record funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary