EnerG2, a Seattle-based company developing ultracapacitors to make it more efficient to store energy, has secured an additional $2.5 million in equity and options, according to a regulatory filing. The company raised an initial $8.5 million in October from Kirkland, WA-based OVP Venture Partners, and Palo Alto, CA-based Firelake Capital Management, a scoop first reported on by my Xconomy colleague Greg Huang. The latest filing lists OVP’s Gerry Langeler and Firelake’s Martin Lagod as non-employee directors.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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