Tech Company Financing Transactions

Sakti3 Funding Round

Sakti3 closed a $7 million Series B funding round on 4/1/2010. Investors included Belden and Khosla Ventures.

Transaction Overview

Company Name
Announced On
4/1/2010
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors

Belden (Lead Investor)

Khosla Ventures (Lead Investor) (Vinod Khosla)

Proceeds Purpose
Sakti3 also plans to patent a new manufacturing process that limits material use and waste.

Company Information

Company Status
Acquired or Merged
Industry
Energy & Battery
Mailing Address
1490 Eisenhower Place Building 4
Ann Arbor, MI 48108
USA
Phone
Undisclosed
Email Address
Overview
Sakti3 is a Michigan-based company that is developing an advanced solid-state rechargeable lithium-ion battery technology. We aim to further enable electric drivetrain vehicles that are capable of getting over 100 miles per gallon.
Profile
Sakti3 LinkedIn Company Profile
Social Media
Sakti3 Company Twitter Account
Company News
Sakti3 News
Facebook
Sakti3 on Facebook
YouTube
Sakti3 on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ann Sastry
  Ann Sastry LinkedIn Profile  Ann Sastry Twitter Account  Ann Sastry News  Ann Sastry on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/1/2010: Slack venture capital transaction
Next: 4/1/2010: Vidyo venture capital transaction

 

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