News

Deal Announcements

7AC Technologies Nets $5 Million Funding

Friday, June 26, 2015 5:30:00 AM PDT | VentureDeal
   Beverly, Massachusetts  --  Electronics technology company 7AC Technologies has received $4.9 million in new venture investment, according to an SEC regulatory filing.

7AC Technologies has developed an efficient liquid desiccant HVA system for commercial and industrial buildings.

The systems promise to provide up to a 50% reduction in energy costs over conventional HVAC units.

Investors in the financing were not disclosed nor was how the company intends to use the funding proceeds.

7AC is still seeking $2.5 million in additional financing, according to the filing.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1