Tech Company Financing Transactions
Prieto Battery Funding Round
Prieto Battery, based in Fort Collins, secured funding from Intel Capital.
Transaction Overview
Company Name
Announced On
11/4/2015
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Intel Capital (Thomas Urban)
Proceeds Purpose
Specifically, Prieto has agreed to complete a series of milestones designed by Intel and Prieto to demonstrate the company's battery performance and readiness, with a focus on improving the performance of the battery against size, energy density, and complexity vectors. Intel will be staging their investment to each milestone; and in exchange, Prieto is granting Intel the ability to implement the technology first in computing devices.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4227 Lookout Ln.
Fort Collins, CO 80526
USA
Fort Collins, CO 80526
USA
Phone
Website
Email Address
Overview
Life and technology move so quickly these days that current battery technology can hardly keep up. While the electronic devices that power our lives get exponentially smarter, the batteries that power them improve only marginally. The world needs a battery as powerful as the human imagination.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Rosenberg
Chief Technical Officer
Amy Prieto
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