{"id":581291,"date":"2010-05-27T09:38:22","date_gmt":"2010-05-27T13:38:22","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=8489"},"modified":"2010-05-27T09:38:22","modified_gmt":"2010-05-27T13:38:22","slug":"exclusive-innova-dynamics-eyes-series-b","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/581291","title":{"rendered":"Exclusive: Innova Dynamics Eyes Series B"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/cleantech.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Cleantech\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><\/p>\n<p>Innova Dynamics, the advanced materials spinout from the University of Pennsylvania, will likely tap investors for a Series B sometimes in coming year, company CEO and co-founder Alexander Mittal tells G.E.R.<br \/>\n<span id=\"more-8489\"><\/span><\/p>\n<p>Mittal said the amount is still not settled but would likely be more than the $5.5 million raised as par of the\u00a0<a href=\"http:\/\/greenenergyreporter.com\/2010\/05\/innova-dynamics-raises-5-5-million-series-a-financing\/#more-8465\" >Series A financing round announced yesterday<\/a> and led by Rho Ventures. MentorTech Ventures also participated in the financing. Innova plans to use the proceeds from the Series A to hire new employees to scale and commercialize its flagship Innlay technology.<\/p>\n<p>Innova&#8217;s Innlay technology can be used across various industries, including cleantech. Specifically, it can improve the efficiency of solar photovoltaic panels as well as fuel cells membranes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/5dK85l42APw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innova Dynamics, the advanced materials spinout from the University of Pennsylvania, will likely tap investors for a Series B sometimes in coming year, company CEO and co-founder Alexander Mittal tells G.E.R. Mittal said the amount is still not settled but would likely be more than the $5.5 million raised as par of the\u00a0Series A financing [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-581291","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/581291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=581291"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/581291\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=581291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=581291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=581291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}