Tech Company Financing Transactions
INI Power Systems Funding Round
INI Power Systems closed a $4 million Series B investment round on 5/31/2007. Backers included MHI Energy Partners.
Transaction Overview
Company Name
Announced On
5/31/2007
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series B
Investors
MHI Energy Partners (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
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.
Management Team
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