NextFab Ventures-Backed florrent Raises $9.5 Million
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NextFab Ventures-Backed florrent Raises $9.5 Million
Sunderland, Mass.-based florrent has raised $9.5 million, according to an SEC filing on Aug. 1, as the materials innovator advances its technology that uses hemp to make high-tech ultracapacitors, which are used in cars, electric grids and turbines for their ability to store and release energy faster than conventional batteries. The company has previously raised $5.7 million in pre-seed and seed funding. Its prior investors include MassVentures,…
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