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Transient Plasma Systems Secures $8.5M Series A Financing Round Led By Kairos Ventures

by vcaonline.com posted 2months ago 16 views
TORRANCE, Calif., February 5, 2019-- Transient Plasma Systems Inc. (TPS), which develops and markets nanosecond pulsed power systems that unlock the potential of low-temperature plasma to be used in a variety of applications, today announced that it has completed an $8.5 million Series A funding round from Kairos Ventures. This financing will enable the company to make immediate investments to expand the TPS infrastructure to pursue emerging opportunities including ignition of advanced high-efficiency combustion engines, emissions reduction, and industrial plasma processing, and position itself for future growth. The build-up includes investment in the core team, manufacturing base and intellectual property.

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