SEATREC Raises $970,000

Seatrec today announced it has raised $970,000 in Seed round financing led by Pasadena Angels with participation from Los Angeles Cleantech Incubator (LACI) Impact Fund, Tech Coast Angels, and other strategic individuals. John Yoon from Pasadena Angels will join the Board of Directors as an observer. With this funding, Seatrec plans to expand its engineering and operating teams to increase sales, accelerate product development, and support government-sponsored activities. Read more.