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VanDyne SuperTurbo Gets $8M

Ft. Collins, Colorado-based VanDyne SuperTurbo, a firm developing suprercharging and turbocharging devices for automobiles, said Tuesday afternoon that it has raised $8M in a Series C equity funding round. The round was led by Northwater Capital, and also include its prior investors. VanDyne SuperTurbo, which is headed by Ed VanDYne, said the funding will help speed up commercialization of its products, helping to fund its durability testing efforts. The firm said its technology will deliver up to a 6 percent in efficiency in trucks, with the potential of helping to provide 36 percent better mileage in cars by allowing manufacturers to use a half size engine for the same torque as a normal engine today. More information »


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