PowerGenix Corporation Obtains $30,000,000 Series D Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=98e17e55-4435-445d-9dcd-f368c60a505b&Preview=1 -
Date
9/17/2008 -
Company Name
PowerGenix Corporation -
Mailing Address
10109 Carroll Canyon Road San Diego, CA 92131-1109 -
Company Description
PowerGenix has developed and patented a high-energy density, high-cycle life and low-cost nickel-zinc (NiZn) battery that is specifically designed to utilize existing nickel-cadmium (NiCd) manufacturing processes, techniques and equipment, thereby significantly reducing time-to-market, and eliminating costly equipment design steps. -
Website
http://www.powergenix.com/
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Transaction Type
Venture Equity -
Transaction Amount
$30,000,000 -
Transaction Round
Series D -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Advent International -
Venture Investor
Granite Ventures -
Venture Investor
OnPoint Technologies -
Venture Investor
Bessemer Venture Partners -
Venture Investor
Technology Partners -
Venture Investor
Braemar Energy Ventures
