Batteries - Friday, August 14, 2009
$45M Spent, Laptop Power's Polyfuel Sputters and Dies
PolyFuel has shut down having failed to raise more funding or find a buyer. The Mountain View based startup had yet to get its product to market, despite having raised $45M from investors. Backers left holding the bag include: Mayfield Fund, Yasuda Enterprise Development, Technology Partners, Venture West Management, Intel Capital, KTB Ventures, Hotung International, CDP Capital, Chrysalis Energy, andConduit Ventures. It has been floating on the London Stock Exchange. Polyfuel's plans was to bu... Full Story
Batteries - Tuesday, October 23, 2007
A123's Latest Round Values Battery Maker At $350M
A123Systems has raised $30M in Series D at a post-money valuation of $350M. The startup says it will use these funds to increase production capacity for new contract awards for hybrid electric, plug-in hybrid electric and extended range electric veh... Full Story
Batteries - Thursday, July 5, 2007
Israel's Hybrid Battery Maker Techtium Raises $10M
Israeli hybrid battery maker start-up Techtium has raised $10M in its 2nd round from Pitango Venture Capital and Poalim Ventures. Techtium has raised $25M to date, including $5M from Energizer (NYSE:ENR). Founded back in 1995, Techtium makes it poss... Full Story
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