Autonomic Materials Raises $2.4 Million in Financing
SUNNYVALE, CA – Autonomic Materials Inc. (AMI), specialist in the commercialization of microencapsulated self-healing additives for coatings, has raised $2.4 million in Series B financing to complete its total $3.9 million Series B round of funding. Phoenix Venture Partners (PVP), a venture capital firm with expertise in advanced materials innovation and entrepreneurship, led the investment. Proceeds will be used to complete product commercialization of AMI’s additives and to expand numerous on-going development partnerships.
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