Amount Raised
$23 Million
Round Type
Series A
Description
MetOx Technologies, Inc., a Houston-based manufacturer of high temperature superconducting (HTS) wire, today announced the completion of a $23 million Series A funding round. Proceeds from the round will allow the company to construct an advanced production facility, with the expected capacity to produce approximately 1,200 kilometres per year of high-temperature superconducting wire (HTS), doubling 2020’s global supply of magnet wire.
Quick answer
Metox raised $23 Million in a Series A round, dated December 15, 2021. Metox is based in Houston, Texas, United States.
- How much did Metox raise?
- Metox raised $23 Million in a Series A round on December 15, 2021.
- What does Metox do?
- Based in Houston, Texas, MetOx is a manufacturer of high temperature superconducting wire (HTS) using an enhanced and patented manufacturing process to produce and sell large quantities of HTS at prices supporting the..
- Where is Metox based and how big is it?
- Metox is based in Houston, Texas, United States.
Source: Fundz verified event record.
Who else raised in Media And Entertainment and Manufacturing around the same time
Companies in the same sectors as Metox that raised within 45 days of this round, from Fundz verified event records.
- Sway raised $2.5M (Seed) on January 19, 2022.
- Hadrian raised $36M on January 7, 2022.
- Union Tech raised $30M (Series D) on January 5, 2022.
- Sway raised $2.5M (Seed) on November 4, 2021.
- B2Digital, Inc. raised $34K (Seed) on January 28, 2022.
- Hyperion Companies raised $750K (Seed) on January 28, 2022.
Who to call at Metox, and when
A new round usually means Metox is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Metox raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Metox, from your own LinkedIn network
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Funding Insights
What this usually meansMetox 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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