Tuesday, July 29, 2008

H2scan Gets $4M

Valencia-based H2scan Corporation, a provider of hydrogen leak detection and monitoring technology, said Tuesday that the firm has raised $4M in a Series D funding round. The round came from Chrysalix Energy Venture Capital, H5 Capital, L.P., Tri-Strip Associates, LLC, TGB Partners and Ravinia Venture Fund. Members of the Tech Coast Angels and Pasadena Angels also participated. According to H2scan, the funding round has gone to upgrade its production and R&D facility, toward additional equipment, and for additional sales and marketing efforts. More information »