PartTec Receives $1.8M Investment

Published On November 5, 2012 |

PartTec, Ltd., an Indianapolis-based developer of non-helium-3 neutron detection technology, has received $1.8m in funding.

Backers include Elevate Ventures, which made a $600k investment via the  21st Century Fund, as well as private investors.

The company intends to use the funding to commercialize several critical products in their non-helium-3 neutron detector line.

Founded in 2002 and led by Herschel Workman, CEO, PartTec develops and manufactures non-helium-3 neutron detectors for global security including Homeland Security, neutron research and medical imaging.

FinSMEs

05/11/2012

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