Lilliputian Systems Lands $28,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=593c67cd-6b09-446d-9dd1-31b5ec6eea03&Preview=1 -
Date
4/2/2009 -
Company Name
Lilliputian Systems -
Mailing Address
6 Keenan Road Winchester, MA 01890 -
Company Description
Lilliputian has been rumored since 2001 to be developing a new kind of battery for electronic handheld devices and other applications. According to published reports, the company’s product is a combination of fuel cell and micro-electromechanical (MEMS) technologies that create a “fuel cell chip” that runs on small amounts of butane. -
Website
Undisclosed
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Transaction Type
Venture Equity -
Transaction Amount
$28,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
This funding will help ensure the timely commercial launch of Lilliputian’s products. -
M&A Terms
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Venture Investor
Analog Devices, Inc -
Venture Investor
Kleiner Perkins Caufield & Byers -
Venture Investor
Atlas Venture -
Venture Investor
Rockport Capital Partners -
Venture Investor
Fairhaven Capital -
Venture Investor
Stata Venture Partners -
Venture Investor
Altira Group
