Intelligent Energy Ltd completes $13.6 Mn funding. The fund will be used to provide for Intelligent Energy’s growth plans as it moves towards commercialization of its clean and efficient hydrogen fuel cell technology in applications across a broad range of global target markets. Intelligent Energy has delivered a series of landmark fuel cell power systems […]
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Clean Mobile AG, a Munich-based maker of fuel cell-powered drives for small vehicles like scooters, has raised EUR 3.3 million ($6.525 mm) in first-round funding. To date, small electric vehicles only rely on batteries. They suffer from low power, short reach, long charging times and high maintenance cost due to quickly dying batteries. Clean Mobile […]
ReliOn Inc., a Spokane, Wash.-based fuel cell maker, has raised $16.9 million in Series C funding. ReliOn makes fuel cells that are used as backup power, primarily by the telecommunications industry. “If we have an ice storm and the lines go down, we still expect the phones to work,” said Gary Flood, ReliOn president and […]
Lilliputian Systems Inc., a Wilmington, Mass.-based developer of fuel cells for wireless electronic devices, has raised just over $20 million in Series C funding. Lilliputian Systems, Inc. develops micro fuel cell system for portable electronics and wireless applications using MEMS-based technology. The company provides an integrated micro solid oxide fuel cell (SOFC) and micro-reformer on […]
St Andrews Fuel Cells Limited has received £0.7m ($1.4mm). St Andrews Fuel Cells Limited was spun out from the University of St Andrews in 2005 having been created to exploit an innovative new solid oxide fuel cell design, called ‘SOFCRoll’. The business is focused on making SOFCRoll a commercially viable technology for low kilowatt, portable […]
Akermin completed a financing round that raised almost $5 million to support continued application development of its polymer encapsulation technology. The platform technology enables the development of special purpose, low-cost fuel cells and “bio-batteries,” according to a release. It also demonstrates the potential to increase efficiency, reduce processing costs and add value in various food, […]
Superprotonic, Inc., a developer of Solid Acid Fuel Cells, the first new fuel cell technology in 40 years, has announced the closing of the first tranche of its $16.2M second institutional financing round. Superprotonic is pioneering the use of solid acids as fuel cell electrolytes. Solid acids are solid-state materials exhibiting liquid level conductivities at […]
UltraCell Corporation - a manufacturer of micro fuel cell systems for portable devices. BASF said that it would provide $3 million (£1.53 million), which will go towards a total of $10.3 million raised by UltraCell in its Series C financing round. BASF identified energy management, including the development of new energy storage and conversion technology, […]
World Energy Labs : Expansion Capital Partners, LLC, a leading Clean Technology venture capital firm, announced a $5.4 million Series B investment into World Energy Labs (WEL), an electrochemical diagnostic software and instrumentation company serving global markets in energy and structural corrosion analysis. World Energy Labs provides a diversified software and handheld instrumentation product line […]
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 […]
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