PowerGenix Corporation Obtains $30,000,000 Series D Funding Round

  • Feed Type
  • 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/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • 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

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