Nuventix collects $2.6M more from investors

Oct 9, 2013
Austin Business Journal

Nuventix Inc. has received $2.6 million of a planned $5 million round of funding, according to a federal filing

The Austin-based company collected the capital from 11 investors. It was chronicled in this Tuesday filing with the U.S. Securities and Exchange Commission

Nuventix, which was founded in 2005 as Innovative Fluids Inc., develops a cooling device for electronics. The company employed 37 workers last year

In March 2012, Nuventix reported raising $6.9 million of a planned $10 million Series E round of funding from 12 investors. The financing increased to $50 million the amount of venture capital the company has received since launching, officials said. Investors include New York-based Braemar Energy Ventures, Dallas- and Austin-based CenterPoint Ventures, California-based InterWest Partners LLP, New York-based Rho Ventures, Minnesota-based Bergquist Co. and the General Electric Co. (NYSE: GE)

In July 2011, Nuventix reported raising a $10 million Series D round of funding from 12 investors, according to an SEC filing. In 2009, it completed an $8 million tranche of a Series C round of funding

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