$6.5 million
Private Placement
The undersigned arranged the Private Placement
$6.5 million venture financing
- Ashburn Hill Corp. was founded to acquire the patents and assets of Carbtex Corp. and its principals.
- SP successfully raised growth capital for the Ashburn Hill Corporation
- Carbtex Corp. is the maker of Tecgen®, a flame retardant material used in personal protection clothing and equipment.