Tech Company Financing Transactions
Vibrant Funding Round
On 7/19/2023, Vibrant announced $3.4 million in funding from Advantage Capital Partners.
Transaction Overview
Company Name
Announced On
7/19/2023
Transaction Type
Venture Equity
Amount
$3,350,000
Round
Undisclosed
Investors
Advantage Capital Partners (Lead Investor)
Proceeds Purpose
The company will use the funds to increase production of its proprietary, non-destructive testing machines used in the aviation, automotive and power-generation industries, the company announced Tuesday morning.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
8916 Adams St. NE
Albuquerque, NM 87113
USA
Albuquerque, NM 87113
USA
Phone
Website
Email Address
Overview
Vibrant was formed for the sole purpose of commercializing Process Compensated Resonance Testing (PCRT) for the aerospace and power generation industries. PCRT is a revolutionary non-destructive testing technology that can determine if a component is structurally sound and fit for service.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lem Hunter
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