Tech Company Financing Transactions
INI Power Systems Funding Round
INI Power Systems closed a $3 million Series A investment round on 11/8/2004. Backers included MHI Energy Partners.
Transaction Overview
Company Name
Announced On
11/8/2004
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
MHI Energy Partners (Lead Investor)
Proceeds Purpose
The capital will be used to continue the development
of the company's proprietary laminar flow micro-fuel cells.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
175 Southport Dr. 100
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Website
Email Address
Overview
INI Power Systems, Inc. is dedicated to the commercialization of Direct Methanol Laminar Flow Fuel Cell (LFFC) products designed as stand alone and hybrid portable power system solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Larry Markoski
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Prev: 11/8/2004: BoardVantage venture capital transaction
Next: 11/8/2004: Courion venture capital transaction
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