KPCB, Foundation, Advanced Tech Ventures all Chip in on Aquion Energy Investment

Foundation Capital led as $30 million round of financing for Aquion Energy, a maker of batteries and energy storage systems. Aquion Energy is based in Pittsburgh. Other investors chipped in for the round as well; KPCB returned to back Aquion, and Advanced Technology Ventures and TriplePoint Capital, each new backers, invested as well. Aquion counts the US Department of Energy among its existing shareholders.

7 September 2011•5 mins read
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