Ioxus Seals $21M In New Capital

Ioxus Inc., a manufacturer of ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, has closed on $21 million from Energy Technology Ventures; Northwater Capital through its Northwater Intellectual Property Fund; Aster Capital and return investor Braemar Energy Ventures. Ioxus will use the cash to expand sales and marketing, and continue technology development. Ioxus is based in Oneonta, N.Y.

14 April 2011•4 mins read
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