Ioxus, Inc. received $15 million in Series-C Funding and is seeking to raise $20 million in total. The round was led by the The Westly Group with participation from Northwater Capital Management, Braemar Energy Ventures, Energy Technology Ventures, and Aster Capital. The company makes ultracapacitors that rapidly absorb and release high-voltage power. The devices can store power generated by solar and wind farms or be paired with batteries in electric vehicles to capture energy from braking. A spin-off from 40-year-old Custom Electronics, Inc. in Oneonta, Ioxus emerged as a standalone company in 2007.
Ultracapacitor Maker Ioxus Raised $15M in Series-C Funding, Seeks $20M
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In this Issue
- News Brief: Gotham Greens Grows in Colorado as Beyond Meat, Starbucks Partner in China
- Managers Tighten Up Their Due Diligence to Find the Best Green Bonds
- Social Bonds Come of Age with Covid-19 Bond Surge
- Investors, Managers, Tech Startups Turn their Attention to Affordable Housing
- Prime Closes First ‘Climate Tech’ Fund Well Above Target
- The Paris Agreement: What it Means for Climate Finance
- VCs, Financiers Show Growing Interest in Urban Farming
- 1955 Capital’s Andrew Chung on Top Clean Tech Opportunities in China
- Resiliency Driving Demand, Financing for Smart Energy Storage
- Indoor Farming Set to Surge in Asia This Year: Experts
- CBRE Exec on Green Buildings: Financing, New Technologies, and New Trends
- Briefing: Emerging Opportunities in Distributed Energy Storage Systems
- China’s Climate Pledge Means Opportunities for Cleantech Firms
Special Report: Cleantech VC Fundraising
CleanTechIQ examines LP demand for cleantech and reveals how VC firms are successfully raising new funds.
Special Report: Innovations in Clean Tech Finance
Project finance innovations being developed now for the clean tech sector will likely have a big impact in coming years.
Special Report: ESG Opportunities Across Asset Classes