ISE Corp. Raises $17.5 Million

ISE Corp., a Poway, Calif.–based provider of hybrid-electric drive systems and components for heavy-duty vehicles, has raised $17.5 million in Series D funding. Siemens Venture Capital, Macquarie Clean Technology Fund and DTE Energy Ventures were joined by return backers RockPort Capital Partners and NGP Energy Technology Partners. It had previously raised around $37.6 million.

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