Lilliputian Systems Lands New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c31cdeb-e402-4864-8dfd-26472a355884&Preview=1
Date
11/16/2010
Company Name
Lilliputian Systems
Mailing Address
36 Jonspin Road Winchester, MA 01887
Company Description
Lilliputian has been rumored since 2001 to be developing a new kind of battery for electronic handheld devices and other applications. According to published reports, the company’s product is a combination of fuel cell and micro-electromechanical (MEMS) technologies that create a fuel cell chip that runs on small amounts of butane.
Website
http://www.lilliputiansystemsinc.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
Intel Capital’s equity stake provides resources for volume manufacturing.
M&A Terms
Venture Investor
Intel Capital