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June 18, 2007

ReVolt Charges Up €10M In VC For Battery Tech

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ReVolt Technology, a Swiss/Norwegian developer of rechargeable zinc air batteries raised a €10M internal Series B round from its backers Northzone Ventures, Sinvent, Sofinnova Partners, TVM Capital, Verdane Capital and Viking Ventures.

The company recently signed on with Phonak to develop batteries for the Swiss company's hearing aids. Long term goal is mobilephones and consumer electronics.
Founded in 2004, the startup has raised €22M to date.
View Revolt

Posted on June 18, 2007 08:08 PM | Posted to News And Updates | Permalink

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