Techverse develops process and equipment models based on fundamental principles of chemical engineering and transport phenomena.
Techverse specializes in advanced energy generation and utilization concepts focused on increasing process energy efficiency. In 2008, Techverse Inc. began active contract R&D operations. It rents laboratory and office space on an as-needed basis from the First Flight Venture Center, a small business incubator in Research Triangle Park, North Carolina. Through its partners and collaborators, it also has access to specialized laboratory facilities. Techverse has actively pursued government funding for its research, both through the SBIR program and other contract efforts, while also generating revenue from consulting services and industrial customer contracts. Dr. Ashok Damle is the founder and president of Techverse, Inc.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 20, 2017 | Grant | $225K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |