Neah Power Systems Completes Funding Round; Castile Ventures and WestAM Among New Investors in Micro Fuel Cell Innovator.

PR Newswire | August 20, 2004 | Copyright

BOTHELL, Wash., Aug. 20 /PRNewswire/ -- Neah Power Systems, Inc., an emerging leader in micro fuel cell technology, today announced that it has raised approximately $12 million in equity funding from Castile Ventures, WestAM, and other investors, including current investors Frazier Technology Ventures, Alta Partners, and Intel Capital. The new funding will be used to support Neah Power's development and commercialization programs.

The company is developing a silicon-based direct methanol fuel cell (DMFC) aimed at providing longer-lasting power solutions for mobile ...

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