Angstrom Power raises $18,000,000

Angstrom Power has raised $18 million (£9.8 million) in funding following a private equity financing deal, which will be used to further its work on high energy density micro-structured fuel cells. Angstrom was founded in 2001 with the aim of developing commercial micro fuel cells and has been seeking to bring the world’s highest energy density system to the portable electronic device market.