Wednesday, July 16, 2008

Arisdyne Systems is alternative fuel and technology company, raised $5.3 million in Series A funding

What Company Is Offering:
Arisdyne Systems is an advanced materials and process systems integration company. They license continuous flow, high efficiency systems to manufacturers of fuels. Their integrated, labor efficient systems scale easily from their lab to your plant site. The Arisdyne Systems team brings over 50 years of technological expertise to the industry.

How Much They Got From VCs:

Arisdyne Systems, a Cleveland, Ohio, alternative fuel and technology company, raised $5.3 million in Series A funding. The investment serves as a restructuring deal that leaves the company independent from its parent, Five Star Technologies. Investors were not disclosed, but prior investors include CTTV Investments, Early Stage Partners, Industrial Technology Ventures, Morgenthaler Ventures and Reservoir Venture Partners. Company Web site.

More at:http://www.arisdyne.com/

No comments: