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ReGen Power Raises $5M

Ryan McBride 11/18/08

ReGen Power Systems announced it has raised $5 million from 21Ventures and Quercus Trust to further develop an external combustion engine that coverts heat sources into power. The New Salem, MA-based firm plans to use the new funds to design and build two prototypes of its engines, one for evaluation and testing and another to install at a corporate facility for field testing.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.

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