Arisdyne Systems Completes Series A Financing

CLEVELAND, OH – Arisdyne Systems, an alternative fuel, cavitation technology and equipment company headquartered in Cleveland, recently raised $5.3 million in new equity financing to facilitate research on biofuel production methods. The completed financing confirms Arisdyne’s initial success, and augments previous funding from the core group of investors. Capital was raised as part of the restructuring that established Arisdyne as an entity independent from parent company Five Star Technologies. Link.