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Energy storage company Cymbet secures $31m in private financing

25 Jan 2010

Solid-state energy storage company Cymbet Corporation has successfully completed the final phase of its third round of private equity financing, raising $31m. The company will use proceeds from this financing round to expand EnerChip sales and marketing initiatives globally, as well as add manufacturing capacity for its eco-friendly, EnerChip solid-state energy storage devices in response to rising customer demand.

 

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