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Aries Clean Technologies has secured funding from Spring Lane Capital to restart operations and pay off bond series amidst company transitions.
Round Type
Funding Round
Investors
Description
Aries Clean Technologies is looking to resume payments on two bond series thanks to fresh funding led by Spring Lane Capital. This will help the company kickstart operations at its first facility while transitioning to new leadership. The CEO transition comes after challenges faced at their Linden, NJ plant. The company aims to build a new facility in Maine as part of its growth strategy.
Fundz sees it the moment Aries Clean Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Aries Clean Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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