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Battery Company Sakti3 Receives $4.2 Million from General Motors Ventures and Itochu Technology Ventures

September 21, 2010 by Staff

Sakti3, Inc., an Ann Arbor, Michigan-based developer of next-generation lithium-ion batteries, announced earlier this month that it received an investment of $4.2 million from General Motors Ventures and Itochu Technology Ventures to advance the firm’s manufacturing capabilities. The companies also plan to work together to speed commercialization of Sakti3 battery … [Read more...] about Battery Company Sakti3 Receives $4.2 Million from General Motors Ventures and Itochu Technology Ventures

Solaria Raises $65 Million in Series D Financing

September 21, 2010 by Staff

Solaria, a manufacturer of solar photovoltaic modules, announced earlier this month that it has concluded its Series D round of financing with a total amount raised of $65 million.  This figure was $20 million above the company’s original target and included a $10 million growth loan facility from Western Technologies Inc (WTI). Adams Street Partners, Cycad Group, and … [Read more...] about Solaria Raises $65 Million in Series D Financing

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