Pittsburgh, Pennsylvania -- Battery technology company Aquion Energy has secured $33.2 million in new venture capital equity funding, according to an SEC regulatory filing.
Aquion has developed what it calls "patented AHI batteries that provide safe, reliable, sustainable and cost-effective energy storage for a diverse range of applications.
Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.
A total of 18 investors participated in the offering
Aquion is still seeking $26.8 million in additional equity investment, according to the filing.