Alphabet Energy Raises $16M From Encana, Claremont, TPG, CalCEF
Alphabet Energy Inc. said it raised $16 million in Series B financing. The round was led by Encana Corp. and joined by existing investors Claremont Creek Ventures, TPG Biotech and the CalCEF Clean Energy Angel Fund. The funding allows the company to speed up product development and launch its first product, a device that generates electricity from the exhaust flows of engines in industrial applications.
11 March 2013•5 mins read
