Perpetua Power closes $4M investment


Perpetua Power Source Technologies Inc. closed on $4 million, representing a portion of the company’s Series B.

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Perpetua Power Source Technologies Inc. closed on $4 million, representing a portion of the company’s Series B.

Perpetua, which makes sensors powered by renewable thermal energy, announced last week that the Coquille Indian Tribe made a strategic investment in Perpetua to support the Corvallis-based startup’s plans to build a manufacturing facility in North Bend.

“The technology caught our eye,” said Ray Doering, spokesman for the tribe. “We have a distinct commitment to sustainability, so it fits with the philosophy of our tribe.”

Read more at Sustainable Business Oregon.

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