News

Deal Announcements

24M Technologies Nets $10 Million Venture Capital

Tuesday, August 17, 2010 5:32:00 AM PDT | VentureDeal Staff
Boston, Massachusetts  --  Energy storage technology company 24M Technologies (no website) has raised $10 million in its first round of institutional venture capital investment.

24M Technologies is a spinout of A123 Systems and is developing a technological advance that combines attributes of rechargeable batteries, fuel cells and flow batteries.

Charles River Ventures and North Bridge Venture Partners made the investment. Proceeds purposes were not disclosed.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1