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February 28, 2007
ACAL Funded For Friendlier Fuel Cell Tech
Runcorn, England-based ACAL Energy Ltd., has raised £1.6M in early stage venture capital from the Synergis Seed Fund, along with other UK investors Rising Stars Growth Fund (RSGF), The North East Co-Investment Fund Limited Partnership and the Carbon Trust.
ACAL Energy is targeting so-called PEM fuel cells with its cathode tech, which it says works at low-temperatures and does not require precious metals for catalysis. Its cathodes can be adapted to work with any fuel source including hydrogen, methanol, ethanol and sodium borohydride, it says.
Its website suggests its ambition is the laptop battery market and the automotive market, two huge markets that have delivered much hope as potential markets for fuel cells -- but so far have remained quite impervious to penetration.
Read - Science|Business Fuel cell start-up ACAL raises £1.6M
Posted on February 28, 2007 04:46 AM | Posted to News And Updates | Permalink
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