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May 31, 2006
Fuel Cell Component Startup Gets Seeded
Fuel cell component company Bac2, based in Southampton, UK, has secured £0.5M seed funding to enable it to further develop its components for fuel cells, which it calls ElectroPhen.
It is also getting a government grant of £0.25M. The startup's tech offers a cheaper and easier to manufacture alternative to existing fuel cell components, it says.
The investment round was lead by London Seed Capital in conjunction with the London Business Angel Network (LBA) and the LBA EIS Tracker Fund III.
Founder and Technical Director Graham Murray Holding The ElectroPhen Product
Posted on May 31, 2006 06:17 PM | Posted to Alternative Energy | News And Updates | Venture Capital | Permalink
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