EnerG2 Snaps Up $2.5M

6/2/09

EnerG2, a Seattle-based company developing ultracapacitors to make it more efficient to store energy, has secured an additional $2.5 million in equity and options, according to a regulatory filing. The company raised an initial $8.5 million in October from Kirkland, WA-based OVP Venture Partners, and Palo Alto, CA-based Firelake Capital Management, a scoop first reported on by my Xconomy colleague Greg Huang. The latest filing lists OVP’s Gerry Langeler and Firelake’s Martin Lagod as non-employee directors.

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