Sentient Science, a provider of materials science-based life-extension technology, has announced a significant working capital infusion to add new products to its wind turbine operator fleet.
The $17 million investment from Toba Capital will support international expansion, as well as accelerated growth through added sales, marketing and product investments.
According to Ward Thomas, chairman and CEO of Sentient Science, the company’s DigitalClone software “has eliminated the costs and the lengthy process associated with the physical testing of materials, components, systems and fleets.”
The financing supplements $25 million in Small Business Innovation Research funding that Sentient previously won from the Departments of Defense and Energy, New York State Energy Research and Development Authority, Defense Advanced Research Projects Agency, and National Science Foundation.
With Toba’s investment, Sentient will expand its operations into more countries in Europe and China.