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Battery innovator Aquion Energy closes on $30m in financing

Advanced battery maker Aquion Energy has closed on a $30-million round of venture financing as it prepares to launch its first products and begin global marketing. The financing round was led by Foundation Capital, with participation from Kleiner Perkins Caufield & Byers, Advanced Technology Ventures and TriplePoint Capital. Aquion had previously received funding from Kleiner Perkins…

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With fresh cash, Altairnano eyes growing energy storage market

Advanced battery company Altair Nanotechnologies has closed on a $57.5 million investment from Canon Investment Holdings Limited. The investment was first announced in September of 2010. "While this transaction took considerably longer to close than expected, the Canon investment allows us to now focus on growing the business and creating shareholder wealth," said Terry Copeland, president and…

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