Tech Company Financing Transactions

IsoTruss Funding Round

IsoTruss, based in Springville, secured $3 million in investment from Sojitz Corporation and private investors.

Transaction Overview

Company Name
Announced On
10/1/2020
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors

Sojitz Corporation (Lead Investor)

Proceeds Purpose
The company intends to use the funds to scale up operations and accelerate production of patented IsoTruss® carbon fiber cell towers in support of 5G rollout by telecom infrastructure providers.

Company Information

Company Status
Private & Independent
Industry
Engineering
Mailing Address
2414 West 700 South 100
Springville, UT 84663
USA
Email Address
Overview
IsoTruss® achieves its incredibly high strength-to-weight ratio with a special geometry that uses longitudinal and helically wound members. The "iso" and "truss" in "IsoTruss" come from its efficient geometry; isosceles triangles that form a truss of pyramids which are what give the IsoTruss® its unique strength and stiffness.
Profile
IsoTruss LinkedIn Company Profile
Social Media
IsoTruss Company Twitter Account
Company News
IsoTruss News
Facebook
IsoTruss on Facebook
YouTube
IsoTruss on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nathan Rich
  Nathan Rich LinkedIn Profile  Nathan Rich Twitter Account  Nathan Rich News  Nathan Rich on Facebook
Chief Financial Officer
Cromwell Wong
  Cromwell Wong LinkedIn Profile  Cromwell Wong Twitter Account  Cromwell Wong News  Cromwell Wong on Facebook
VP - Engineering
Jonathan Curtis
  Jonathan Curtis LinkedIn Profile  Jonathan Curtis Twitter Account  Jonathan Curtis News  Jonathan Curtis on Facebook
VP - Manufacturing
Evan Vorwaller
  Evan Vorwaller LinkedIn Profile  Evan Vorwaller Twitter Account  Evan Vorwaller News  Evan Vorwaller on Facebook
VP - R & D
Marianne Clayton
  Marianne Clayton LinkedIn Profile  Marianne Clayton Twitter Account  Marianne Clayton News  Marianne Clayton on Facebook


 

 

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Prev: 10/1/2020: Golden venture capital transaction
Next: 10/1/2020: Cardiac Dimensions venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. VC transactions on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.

 


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