LPNEWS
The University of Michigan spinout is undergoing aggressive business expansion to accommodate substantial customer orders and sales growth. CANTON, Mich., October 4, 2018-- Fusion Coolant Systems, today announced that is has raised $8 million Series C financing led by Material Impact, a Boston-based venture capital firm and Michigan Capital Advisors, a Michigan private equity firm. The round was also strongly supported by existing investors including MINTS- Michigan Investment in New Technology Startups, Amherst Fund and Invest Michigan. The capital will be used to grow the company’s staff, operations, equipment and personnel.

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