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Ardica Tech Nets Venture Equity Funds

Tuesday, September 15, 2015 5:40:00 AM PDT | VentureDeal
   San Francisco, California  --  Alternative energy technology company Ardica Technologies has landed slightly over $1 million in new venture capital equity financing, according to an SEC regulatory filing.

Ardica "provides the lightest and longest lasting fuel-cell heat and power solutions for consumer, commercial, and military markets."

Proceeds purposes were not disclosed, nor were investors in the round.

Ardica is still seeking $13.95 million in additional financing, according to the filing.

Company CEO Kris Lichter has been with Ardica since January, 2015.

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