Mobius Power, a secretive Sunnyvale, Calif. company building a new battery technology, has raised $4.5 million in a seed round of funding, according to VentureWire (subscription required), citing an unnamed investor.
Tags: co:Mobius-Power, deal, inv:Lightspeed-Venture-Partners, inv:Sigma-Partners, inv:Walden-InternationalThe round included Lightspeed Venture Partners, Sigma Partners and Walden International, said Lightspeed founding General Partner Peter Nieh. Joining Nieh on the Mobius Power board are Wade Woodson of Sigma Partners and Andrew Kau of Walden International…Woodson declined to comment on the company beyond writing in an email that it was “too unformed to be interesting.”
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2:21 am
New Tech said:
[...] Power, which is developing an undisclosed battery technology, has raised a $4.5mm round of financing, according to VentureWire. Lightspeed, Sigma Partners and Walden International all participated in [...]
12:38 pm
VentureBeat » Clean storage company Deeya gets $15M said:
[...] (see our coverage of A123 Systems, Lilliputian Systems, M2E Power, and Boston Power Inc here, here, here, and [...]