Fundraising FoxFlash Steelworks
Washington, US · Founded 2019 · Delaware corporation
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Flash Bainite develops Flash processing, a metallurgical technique for producing high-strength steel. The company, based in metro Detroit, focuses on steel processing research and product development.
Founders & leadership
Flash Steelworks was founded in 2019 by Gary Cola and Gary Cola Jr..
Reported raises · per SEC filings
Form D private placements$253K disclosed across 1 round · 2019
▶$253KraisedOct 2019 · 6 investors · Other TechnologyRule 506(b)
- Gary ColaDirector
- Dana CogswellExecutive Officer, Director
- Offering amount
- $2M
- Amount sold
- $253K
- First sale
- May 2019
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 5 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. NavyNavy | Phase I | 2020 | $140K |
| Department of Energy | Phase II | 2018 | $800K |
| Department of Energy | Phase II | 2015 | $1M |
| Department of Energy | Phase I | 2014 | $150K |
| Department of Energy | Phase I | 2014 | $150K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Flash Steelworks do?
- Flash Bainite develops Flash processing, a metallurgical technique for producing high-strength steel. The company, based in metro Detroit, focuses on steel processing research and product development.
- Who founded Flash Steelworks?
- Flash Steelworks was founded by Gary Cola, Gary Cola Jr. in 2019.
- How much funding has Flash Steelworks raised?
- Flash Steelworks has disclosed $253K raised across 1 round.
- Where is Flash Steelworks headquartered?
- Flash Steelworks is headquartered in Washington, US.