Lilliputian Systems Lands $28,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=593c67cd-6b09-446d-9dd1-31b5ec6eea03&Preview=1 - Date
4/2/2009 - Company Name
Lilliputian Systems - Mailing Address
6 Keenan Road Winchester, MA 01890 - Company Description
Lilliputian has been rumored since 2001 to be developing a new kind of battery for electronic handheld devices and other applications. According to published reports, the company’s product is a combination of fuel cell and micro-electromechanical (MEMS) technologies that create a “fuel cell chip” that runs on small amounts of butane. - Website
Undisclosed
- Transaction Type
Venture Equity - Transaction Amount
$28,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
This funding will help ensure the timely commercial launch of Lilliputian’s products. - M&A Terms
- Venture Investor
Analog Devices, Inc - Venture Investor
Kleiner Perkins Caufield & Byers - Venture Investor
Atlas Venture - Venture Investor
Rockport Capital Partners - Venture Investor
Fairhaven Capital - Venture Investor
Stata Venture Partners - Venture Investor
Altira Group
