Phononic reels in funding

Durham, North Carolina-based Phononic, a provider of thermal management solutions, has raised $71 million with an additional $40 million in funding from UBS' wealth management businesses. . 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.

16 November 2016•1 min read
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