Deal Announcements

EcoMotors Raises Series B Venture Capital Round

Tuesday, July 13, 2010 5:36:00 AM PDT | VentureDeal Staff

Troy, Michigan  --  Clean technology company EcoMotors has secured new second round venture capital investment.

EcoMotors says that it is "developing innovative next-generation diesel engines, with a focus on fuel efficiency, low emissions and cost-effective solutions for developing markets."

Previous investors Cascade Investment and Khosla Ventures made the investment. The company did not say how the funding proceeds would be used.

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