Phononic scores $30 mln
Durham, North Carolina-based Phononic, a provider of solid state thermal management solutions, has secured $30 million in funding. The investors included GGV Capital, Lookout Capital, Eastwood Capital Corp, Venrock, Oak Investment Partners, Tsing Capital, Huaneng Invesco WLRoss, Wellcome Trust and Rex Healthcare Ventures. In conjunction with the funding, Jenny Lee, managing director at GGV Capital and Bill Holland, chairman of CI Financial, have been added to Phononic's board of directors.
12 September 2016•1 min read
