According to the Puget Sound Business Journal, EnerG2 Inc., a developer of high-performance energy storage solutions through advanced material processing techniques, raised US$9.4 million. The Seattle, Washington-based EnerG2 has been a portfolio company of Canadian venture capital firm Yaletown Ventures Partners since 2009. Other investors in the company includes OVP Venture Partners and Firelake Capital Management.
Further details concerning EnerG2 can be found on its website.
Photo courtesy of Shutterstock.