Tech Company Financing Transactions

UltraCell Funding Round

UltraCell closed a $3.8 million funding round on 5/27/2009. Investors included BASF Venture Capital America, Miami Valley Venture Fund and Espirito Santo Ventures.

Transaction Overview

Company Name
Announced On
5/27/2009
Transaction Type
Venture Equity
Amount
$3,800,000
Round
Undisclosed
Investors

BASF Venture Capital America (Lead Investor) (Keith Gillard)

Miami Valley Venture Fund (Lead Investor)

Espirito Santo Ventures

OnPoint Technologies (Jason Rottenberg)

Proceeds Purpose
Ultracell says the new financing will be used to grow its manufacturing facility in Ohio and expand field testing of its leading fuel cell.

Company Information

Company Status
Out of Business
Industry
Alternative Energy
Mailing Address
399 Lindbergh Avenue
Livermore, CA 94551
USA
Email Address
Overview
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.
Profile
UltraCell LinkedIn Company Profile
Social Media
UltraCell Company Twitter Account
Company News
UltraCell News
Facebook
UltraCell on Facebook
YouTube
UltraCell on YouTube

Management Team

Title
Name
Email & Social
Chief Technical Officer
Ian Kaye
  Ian Kaye LinkedIn Profile  Ian Kaye Twitter Account  Ian Kaye News  Ian Kaye on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/27/2009: CardiAQ Valve Technologies venture capital transaction
Next: 5/27/2009: E-Band Communications venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to record funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary