VanDyne SuperTurbo raising funds through debt-offering

LOVELAND — VanDyne SuperTurbo Inc. has raised $890,215 of a planned $2.5 million debt-financing offering, according to a Dec. 28 filing with the U.S. Securities and Exchange Commission.

Loveland-based VanDyne, located at 3755 Precision Drive in the Centerra development, develops the SuperTurbo, a truck-engine management system that improves fuel economy and reduces emissions. The company in 2014 completed a Series C equity financing round of $15 million, which it planned to use for further commercialization of the technology.

Mark Herbst, VanDyne president and chief executive, said VanDyne is working with “Tier 1” strategic partners, essentially automotive suppliers that would manufacture the company’s…