Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e942cefc-eaa2-4993-860a-df8fcb1e997b
Date 11/4/2015
Company Name Prieto Battery
Mailing Address 4227 Lookout Lane Fort Collins, CO 80526 USA
Company Description Life and technology move so quickly these days that current battery technology can hardly keep up. While the electronic devices that power our lives get exponentially smarter, the batteries that power them improve only marginally. The world needs a battery as powerful as the human imagination.
Proceeds Purposes Specifically, Prieto has agreed to complete a series of milestones designed by Intel and Prieto to demonstrate the company’s battery performance and readiness, with a focus on improving the performance of the battery against size, energy density, and complexity vectors. Intel will be staging their investment to each milestone; and in exchange, Prieto is granting Intel the ability to implement the technology first in computing devices.