|
For more information please contact:
Investment Banking
Brian Kremer
Managing Director
(949) 720-5756
bkremer@roth.com
Jesse Pichel
Managing Director
(646) 358-1919
jpichel@roth.com
Robert Stephenson
Managing Director
(949) 720-5750
rstephenson@roth.com
Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com |
Transaction Information
ThinkIQ, a pioneer of digital manufacturing transformation SaaS, has completed a $11.6 million Series A financing led by Ecosystem Integrity Fund (EIF). Participating investors included Hitachi Ventures and ArcTern Ventures, Bonfire Ventures and Sino Capital.
With this new investment, ThinkIQ intends to accelerate growth of its digital manufacturing platform, which helps manufacturers improve yield, quality, safety, compliance, and brand confidence while reducing waste and environmental impact. ThinkIQ gives its customers a more precise understanding of their manufacturing data which can be utilized to better fine tune their production execution.
Roth Capital Partners acted as financial advisor to the company.
About ThinkIQ
ThinkIQ, a pioneer of Digital Manufacturing Transformation SaaS, delivers unprecedented material traceability and insight into ways to improve yield, quality, safety, compliance and brand confidence. Our fact-based granular and data-centric contextualized view of material flows and related provenance attribute data integrates into existing IoT infrastructures and crosses supply chains to manufacturing processes and beyond. Our customers have saved $10's of millions by identifying waste and underperforming assets, as well as reducing warranty reserves for quality and safety issues. ThinkIQ is a privately held company headquartered in Aliso Viejo, CA. For more information, please visit
www.thinkiq.com.
(Source: Company Press Release | 10.20.20)
About Roth Capital Partners
Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and
their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading,
market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and
maintains offices throughout the U.S. For more information on ROTH, please visit
www.roth.com. |
|
Date of Announcement: 12.08.20
The material, information and facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC
("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any
companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or
estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be
reproduced in any form without the express written permission of ROTH. Copyright 2020. |
