LiquidPiston Obtains $5,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a8ac719-99bb-4010-a57f-57a51809425e&Preview=1 -
Date
1/26/2011 -
Company Name
LiquidPiston -
Mailing Address
21C Old Windsor Road Bloomfield, CT 06002 -
Company Description
LiquidPiston, Inc. has conceptualized a new patent pending internal combustion engine architecture, which promises to drastically improve fuel efficiency and power density compared to existing engines. Our engine may run as efficient as fuel cells hope to be, but at a fraction of the cost – potentially cheaper than conventional engine technology, if produced in the same quantity. -
Website
http://www.liquidpiston.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Northwater Capital -
Venture Investor
Adams Capital Management
