Woodridge Illinois based ClearFlame Engines is raising $3,323,348.00 in New Equity Investment.
Woodridge, IL – According to filings with the U.S. Securities and Exchange Commission, ClearFlame Engines is raising $3,323,348.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Bernard Johnson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About ClearFlame Engines
Grounded in technology developed during doctoral studies at Stanford University, the ClearFlame Clear Combustion process has been validated using nearly $2M in grant funding. Leading researchers and scientific organizations have enthusiastically embraced the potential of this technology for commercial development. ClearFlame’s technology development has also been supported by multiple industry manufacturers, along with agencies like the Department of Energy, the Department of Agriculture, the National Science Foundation, and world-class accelerators like StartX, I-Corps, Ameren Accelerator, and WERCBench Labs. The ClearFlame team is located in the Chicago area and was part of the first cohort of the Chain Reaction Innovations program at Argonne National Laboratory.
To learn more about ClearFlame Engines, visit http://www.clearflameengines.com/
Contact:
Bernard Johnson, Chief Executive Officer
206-427-6404
bernard@clearflameengines.com
https://www.linkedin.com/in/bj-johnson-6b9213120/
SOURCE: http://www.intelligence360.io
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