Nebbiolo Technologies files for first close after raising 64%


XDATA – October 19th 2015
Nebbiolo Technologies‘ first close reached $3.53 million. The company’s $5.53 million non-brokered equity issue was 64% sold to thirteen investors. The first commitments were received a week ago. The offering has been structured to remain open until an additional $2 million worth of securities is subscribed in full. Until this disclosure Nebbiolo Technologies had raised an estimated $750,000 in unregistered securities via one previous financing round.
The company is focused on the application of internet of things technologies in the field of industrial automation.
Nebbiolo Technologies, registered in 2015, is headquartered in Milpitas CA. It is led by Flavio Bonomi (President and CEO). Revenues were not disclosed.

The company has raised an estimated total of $4.28 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Nebbiolo Technologies
Industry: Other Technology
Amount offered: $5.53 million
Amount placed: $3.53 million
SEC filing: Source
First sale: 10-12-2015
Data as of: 10-19-2015

 

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