Oorja charges up with $450K for forklift fuel cells

Oorja Protonics, maker of methanol fuel cells used to charge batteries for powering forklifts, pallet loaders and other industrial vehicles, has raised $450,000 in debt, warrants and rights, according to a filing with the SEC. Based in Fremont, Calif., the company is backed by Sequoia Capital, DAG Ventures, Artis Capital Management, McKenna Management, Northshore Partners and Spring Ventures. It raised $500,000 in September 2009.

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