Date: Nov 25, 2014 Source: Company Data (
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Phoenix Nuclear Labs (PNL) announced today that it closed a $2M equity fundraising round to support several key hires and to continue the scale up of its manufacturing infrastructure, as it transitions from R&D into commercialization of its platform neutron generator technology.
The financing round was led by Venture Management LLC, a Madison-based investment firm. Other participants in the round included Wisconsin Investment Partners, New Capital Fund, Knox LLC, the Chippewa Valley Angel Investment Network, DJW Advisors, and Mendota Venture Capital.
