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Aquion Energy Secures $20 Million In VC Funding

Monday, July 25, 2011 5:57:00 AM PDT | VentureDeal Staff
Pittsburgh, Pennsylvania  --  Battery technology company Aquion Energy has garnered $20 million in new venture capital investment.

Aquion is developing new battery technologies based on "novel ambient-temperature sodium-ion technology."

Foundation Capital was an investor in the financing. The company is still seeking approximately $10 million in additional funding, according to the SEC regulatory filing.

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