Fusion Coolant Systems

company

About

Fusion Coolant Systems provides advanced coolant and lubrication systems.

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$600K
Industries
Automotive,Developer Tools,Manufacturing
Founded date
Jan 1, 2009
Number Of Employee
1 - 10
Operating Status
Active

Fusion Coolant Systems provides an advanced coolant and lubrication system for use in manufacturing which increases production rates and tool life. Today’s metalworking fluids are a toxic mix of oil, water and various chemical additives which provide poor performance at significant costs to worker health, safety and the environment.

Fusion Coolant’s patented CHiP Lube system is the most significant advance in metalworking fluids in many decades. The system outperforms existing metalworking fluid systems and is proven to reduce costs while simultaneously improving worker health and eliminating a toxic waste stream.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$9.85M
Fusion Coolant Systems has raised a total of $9.85M in funding over 2 rounds. Their latest funding was raised on Oct 5, 2018 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 5, 2018 Series C $8M 3 Michigan Capital Advisors Detail
Aug 23, 2016 Series B $1.25M 1 Detail
Jan 16, 2013 Series A $600K 2 The Frankel Fund Detail

Investors

Number of Lead Investors
Number of Investors
2
4
Fusion Coolant Systems is funded by 4 investors. Michigan Capital Advisors and The Frankel Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Michigan Capital Advisors Yes Series C
The Frankel Fund Yes Series A
University of Michigan MINTS fund Series C
The Amherst Fund Series C