Monday, May 22, 2006

ReliOn's $20mm follow-on, and various followups

ReliOn, the PEM fuel cell manufacturer that was spun out from Avista back in 2003, announced a $20mm follow-on round from their existing investors (from a November 2004 $25mm round). Those investors include Oak Investment Partners and Enterprise Partners Venture Capital, Wall Street Technology Partners of New York, Chrysalix Energy of Vancouver, British Columbia, Seattle's Buerk Dale Victor, and Avista Corp. The total venture capital invested in the company to date is $57.5mm.

Some other follow-ups on previous items:


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