Phoenix generates $4.5M investment

Neutron generator maker Phoenix is closer to a $10 million funding goal with a recent $4.5 million investment led by Outlook Investment Group from the Milwaukee area.

Phoenix is building a new headquarters and a neutron-imaging center in Fitchburg’s uptown development, and this latest investment will, according to a story in the Wisconsin State Journal, help equip both buildings.

The company has raised about $25 million since being founded in 2005.