Nuburu (BURU) Secures Strategic $65M Funding

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Go back to Nuburu (BURU) Secures Strategic $65M Funding

NUBURU Secures Strategic $65 Million Funding Program to Accelerate Commercialization, Including $15 Million PIPE Investment & $50M Equity Line of Credit

October 7, 2024 6:59 PM EDT

CENTENNIAL, Colo.--(BUSINESS WIRE)-- NUBURU, Inc. (NUBURU or the Company) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced a comprehensive funding program of approximately $65 million, including $15 million of direct investment and $50 million equity line of credit. This funding represents a pivotal moment for NUBURU, enabling us to accelerate commercialization with predictable access to capital.

Investment Summary:

On October 1, 2024, NUBURU, Inc. (the Company) entered into a master transaction terms agreement (the Master Agreement) with Liqueous LP, a Delaware limited partnership (the... More