Lilliputian Systems Lands New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c31cdeb-e402-4864-8dfd-26472a355884&Preview=1 -
Date
11/16/2010 -
Company Name
Lilliputian Systems -
Mailing Address
36 Jonspin Road Winchester, MA 01887 -
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
http://www.lilliputiansystemsinc.com -
Transaction Type
Venture Equity -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
Intel Capital’s equity stake provides resources for volume manufacturing. -
M&A Terms
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Venture Investor
Intel Capital
