Prieto Battery Receives New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e942cefc-eaa2-4993-860a-df8fcb1e997b - Date
11/4/2015 - Company Name
Prieto Battery - Mailing Address
4227 Lookout Lane Fort Collins, CO 80526 USA - Company Description
Life and technology move so quickly these days that current battery technology can hardly keep up. While the electronic devices that power our lives get exponentially smarter, the batteries that power them improve only marginally. The world needs a battery as powerful as the human imagination. - Website
http://www.prietobattery.com - Transaction Type
Venture Equity - Transaction Amount
Undisclosed - Transaction Round
Undisclosed - Proceeds Purposes
Specifically, Prieto has agreed to complete a series of milestones designed by Intel and Prieto to demonstrate the company’s battery performance and readiness, with a focus on improving the performance of the battery against size, energy density, and complexity vectors. Intel will be staging their investment to each milestone; and in exchange, Prieto is granting Intel the ability to implement the technology first in computing devices. - M&A Terms
- Venture Investor
