Tech Company Financing Transactions
M2E Power Funding Round
On 11/16/2007, M2E Power raised $8 million in Series A financing from OVP Venture Partners, @Ventures and Highway 12 Ventures.
Transaction Overview
Company Name
Announced On
11/16/2007
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The investment will be used to expand research and development and build initial products.
Company Information
Company Status
Out of Business
Industry
Energy & Battery
Mailing Address
875 W. McGregor Court 150
Boise, ID 83705
USA
Boise, ID 83705
USA
Phone
Website
Email Address
Overview
The company's mission, in essence, is to apply the long-understood Faraday Principle--that putting a conductor near a magnetic field will produce voltage--to 21st century applications.
Management Team
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We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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