Tuesday, November 4, 2008

EnerG2 Snags $8.5M

Seattle-based EnerG2, which develops advanced materials, has apparently raised $8.5M in a funding round, according to a report by Xconomy. The funding is a Series A, and comes from OVP Venture Partners and Firelake Capital Management. EnerG2's technology was spun out of the University of Washington, and are being applied to ultracapacitors, natural gas storage, hydrogen storage, and photovoltaic applications. More information »