UltraCell Corporation Lands $3,800,000 New Round

  • Feed Type
  • Date
    5/27/2009
  • Company Name
    UltraCell Corporation
  • Mailing Address
    399 Lindbergh Avenue Livermore, CA 94551
  • Company Description
    UltraCell develops and manufactures complete micro fuel cell systems for portable devices. The company has developed new technologies and intellectual property in the field of methanol-based fuel cells.
  • Website
    http://www.ultracellpower.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,800,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Ultracell says the new financing will be used to grow its manufacturing facility in Ohio and expand field testing of its leading fuel cell.
  • M&A Terms
  • Venture Investor
    BASF Venture Capital America
  • Venture Investor
    OnPoint Technologies
  • Venture Investor
    Espirito Santo Ventures
  • Venture Investor
    Miami Valley Venture Fund

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