Tech Company Financing Transactions

Phononic Devices Funding Round

Phononic Devices, based in Durham, secured $21 million from Tsing Capital, National Bank Financial and Oak Investment Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Tsing Capital (Lead Investor) (Ian Zhu)

National Bank Financial

Oak Investment Partners (Brian Hinman)

Venrock (Matthew Trevithick)

Proceeds Purpose
The company intends to use the funds to expand the engineering team, transition from pilot to volume manufacturing and establish a presence in Asia.

Company Information

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

Management Team

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



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Prev: 12/12/2013: venture capital transaction
Next: 12/12/2013: Everpath venture capital transaction


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