MaRS Cleantech Fund Provides Financing to Hydrostor
Toronto-based Hydrostor Inc. has obtained a first-time venture capital financing round from MaRS Cleantech Fund, the amount of which was undisclosed. The company is the developer of technology to convert surplus electrical energy to underwater compressed air and store it for use at peak times. The MaRS Cleantech Fund, formed in 2012 and affiliated with MaRS Discovery District, invests in early-stage clean technology companies.
6 May 2013•4 mins read
