Rice Business Plan finalist closes first cash infusion

A-76 Technologies Inc. announced Feb. 23 it closed a $2.5 million series A round to help grow sales and operations.

The round was led by Houston-based Southern Funds Group LLC. It also included contributions from Nazmark LLC and two angel investors, James Thompson and Mark Dice, A-76 CEO Lauren Thompson Miller told the Houston Business Journal.

The Houston-based energy technology company raked in $550,000 during the 2014 Rice Business Plan Competition. One of its awards, the $100,000 Greater Houston…