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Nuburu Announces $5.5 Million Bridge Financing

PUBLIC · BURUNov 14, 2023

Amount Raised

$5.5 Million

Round Type

Funding Round

DenverManufacturingSecurityCyber Securitymachinery

Investors

Northland Capital Markets

Description

NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has entered into a secured bridge loan agreement (the “Bridge Loan” or “Bridge Financing”) with existing investors and a new institutional investor. The Bridge Financing with a principal amount of $5.5 million is intended to finance the Company until it secures long-term credit financing, which is anticipated in the near term.

Quick answer

Nuburu raised $5.5 Million in a Funding Round round, dated November 14, 2023. Investors: Northland Capital Markets. Nuburu is based in Denver, Colorado, United States.

How much did Nuburu raise?
Nuburu raised $5.5 Million in a Funding Round round on November 14, 2023.
Who invested in Nuburu?
Northland Capital Markets is named as investors in this round.
What does Nuburu do?
Founded in 2015, NUBURU® is leading the transformation to a world of high-speed, high quality metal machining and processing.
Where is Nuburu based and how big is it?
Nuburu is based in Denver, Colorado, United States. Fundz records about 8 employees.
Who are the decision-makers at Nuburu?
Fundz holds 1 contact at Nuburu, including the Chief Operating Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Nuburu that raised within 45 days of this round, from Fundz verified event records.

  • BIO-key International raised $548K (Seed) on December 20, 2023.
  • Phosphorus raised $27M on December 20, 2023.
  • Zero Networks raised $20M (Series B) on December 13, 2023.
  • Phosphorus raised $27M on December 11, 2023.
  • Hadrian raised $86M on December 11, 2023.
  • Opal Security raised $22M (Series B) on December 7, 2023.

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Company Information

Company

Nuburu

Location

44 Cook Street

Denver, Colorado, United States

About

Founded in 2015, NUBURU® is leading the transformation to a world of high-speed, high quality metal machining and processing. NUBURU’s ground-breaking blue laser technology has defined a new class of high-power, high-brightness blue lasers, starting with the standard AO™ laser and the extreme-brightness AI™ laser, which each enable radical gains in speed and quality for metal processing. For more information, visit the company’s website at www.nuburu.net.

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Related People

1 contact
Verified contactsBrian F., Chief Operating Officer hidden hidden hiddenSee plans and pricing
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Nuburu 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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