2013 Greater Cleveland Venture Capital Report

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$257M EQUIT Y CAPITAL INVESTED BY S TAGE IN 201 3

E ARLY

$108.66M

SEED

$27.93M

GROW TH

$120.69M

CAPITAL INFUSIONS BOOSTING GROWTH NANOTRONICS IMAGING (nanotronicsimaging.com) raised a $7 million Series B round from the Founders Fund. The company—which is developing super-fine optical microscopy tools for health and medical care, biotechnology and life sciences research, and the semiconductor industry—is using the investment to hire more staff and expand operations to meet growing customer demand. VADXX ENERGY (vadxx.com), whose technology facilitates converting plastic waste to energy, received financing from global private equity firm Liberation Capital. This investment is allowing the Akron-based cleantech company to build its first commercial-scale facility.


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