Lilliputian Systems Receives $40,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb9c5ed4-69db-4283-bd24-45ad74a00324&Preview=1 - Date
9/14/2012 - 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
http://www.lilliputiansystemsinc.com - Transaction Type
Venture Equity - Transaction Amount
$40,000,000 - Transaction Round
Undisclosed - 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
