Leyden Energy Lands $20,000,000 Series B Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=758a46ff-fd3c-425c-babb-56b6aa851c0e&Preview=1 -
Date
8/3/2011 -
Company Name
Leyden Energy -
Mailing Address
46840 Lakeview Blvd Fremont, CA 94538 -
Company Description
Leyden Energy, formerly known as Mobius Power, Inc., was founded in 2007 under the uniform cell heat distribution technology patent acquired from chemical manufacturer Dupont. -
Website
http://www.leydenenergy.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Leyden Energy will use the new capital to expand production of its full suite of next-generation Li-ion batteries, increase company staff and fund its future development of advanced battery technologies. -
M&A Terms
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Venture Investor
New Enterprise Associates -
Venture Investor
Lightspeed Venture Partners -
Venture Investor
Walden International -
Venture Investor
Sigma Partners
