VanDyne SuperTurbo Grabs Funding to Commercialize Product
April 15, 2014
VanDyne SuperTurbo has received $15 million in funding. The money will go towards the commercialization of its SuperTurbo technology, which combines a turbocharger and a transmission into a single device, while addressing both cost and gas emission concerns. It plans to initially focus on several target markets including on-highway trucking, natural gas, off-highway equipment manufacturing and automotive industries. Northwater Capital Management was the lead investor in the round that also saw participation from other existing investors.