PartTec Receives $1.8M Investment
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.