Tantaline, a Waltham MA-based producer of tantalum surface alloys for hot acid environments, has closed a $3.6m Series B funding.
The round was led by Berwind Private Equity (US), Vaekstfonden (DK), and CC Holdings (DK).
The company intends to use the funding to further expand its markets and technical capabilities in the United States and Europe.
Launched in 2007 and Led by CEO Peter Lock, Tantaline provides engineers with corrosion resistant material helping businesses, ranging from global manufacturers to laboratories, reduce costs, increase productivity, and improve safety. The company’s products are used primarily in the following industries: oil and gas, chemical processing, energy, pharmaceuticals, and mining.
FinSMEs
04/08/2011