Ultracell raises $3.8M for portable fuel cells
UltraCell, provider of fuel cells for mobile applications, has brought in $3.8 million in capital, according to VentureWire. BASF Venture Capital, OnPoint Technologies, Espirito Santo Ventures and Miami Valley Venture Fund led the round. Based in Livermore, Calif. the company has raised $30 million in venture backing to date.
Ultracell says the new financing will be used to grow its manufacturing facility in Ohio and expand field testing of its leading fuel cell. Its products are… Continue Reading
Spectrum Bridge lands $8.1 for airwave marketplace
Spectrum Bridge, a company that lists licensed airwaves for sale, has raised $8.1 million in second-round funding from Espirito Santo Ventures, True Ventures, Telecommunications Development Fund, Milicom Venture Partners and its own founders.
Based in Lake Mary, Fla., the company launched its web site SpecEx.com in September, and already has 1,000 posted listings for licensed segments of the radio spectrum. About 100 buyers and sellers are registered on the site.
Spectrum Bridge previously raised $2 million in… Continue Reading
Spectrum Bridge closes $7.4M for radio spectrum auctions
Radio spectrum marketplace Spectrum Bridge just brought in a $7.38 million tranche of an anticipated $8.15 million second-round of financing. Espirito Santo Ventures, Milcom Technologies, Telecommunications Development Fund and True Ventures contributed. The Lake Mary, Fla.-based company aims to give licensed spectrum holders an opportunity to monetize unused segments by auctioning them off to other companies, educational institutions, and government agencies looking for a deal on quality, licensed airwaves.