Lilliputian Systems Receives $40,000,000 New Financing

  • Feed Type
  • Date
  • Company Name
    Lilliputian Systems
  • Mailing Address
    36 Jonspin Road Wilmington, MA 01887
  • 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
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    The capital will enable Lilliputian to scale manufacturing operations and launch its initial product, the USB Mobile Power System (MPS), a revolutionary portable system for powering and charging virtually all mobile phones and countless other consumer electronic devices.
  • M&A Terms
  • Venture Investor
    Rusnano Capital

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