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Ardica Adds New Venture Capital Financing

Tuesday, April 3, 2012 5:30:00 AM PDT | VentureDeal Staff
   San Francisco, California  -- Alternative energy company Ardica Technologies has received $1.875 million in new venture capital investment, according to an SEC regulatory filing.

Ardica has developed a number of technologies that it says "provides the widest and longest lasting fuel cell heat and power solutions."

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Ardica is still seeking $5 million in additional financing, according to the filing.

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