GMZ grabs $4.5M in new funding round - MassHighTech

GMZ grabs $4.5M in new funding round - MassHighTech

GMZ grabs $4.5M in new funding round

MassHighTech

A little more than a week after closing out its previous funding round, Newton’s GMZ Energy Inc. has raised another round worth $4.5 million, based on federal filings.

There was only a single investor in the new round, according to the filing with the U.S. Securities and Exchange Commission, and that backer was not named. The previous round, a Series C round, which closed at $13 million earlier this month, was led by Mitsui Ventures, with participation from returning investors Kleiner Perkins Caufield & Byers and BP Alternative Energy, and new investors I2BF Global Ventures and Energy Technology Ventures.

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