Tech Company Financing Transactions
PowerGenix Funding Round
On 2/4/2010, PowerGenix raised $1 million in funding from Commission Junction and private investors.
Transaction Overview
Company Name
Announced On
2/4/2010
Transaction Type
Venture Equity
Amount
$1,020,000
Round
Undisclosed
Investors
Commission Junction (Lead Investor) (Christopher Sheehan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
6727 Flanders Dr. 104
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
PowerGenix has developed and patented a high-energy density, high-cycle life and low-cost nickel-zinc (NiZn) battery that is specifically designed to utilize existing nickel-cadmium (NiCd) manufacturing processes, techniques and equipment, thereby significantly reducing time-to-market, and eliminating costly equipment design steps.
Management Team
Title
Name
Email & Social
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