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Lilliputian raises USD11.1m for micro-fuel cells
Lilliputian Systems has raised USD11.1m in equity and options funding from undisclosed investors, according to a regulatory filing. The Massachusetts-based firm plans to raise a further USD9.9m before the round’s close. Lilliputian develops micro-fuel cell technology for portable consumer electronics such as mobile phones and laptops. The technology, originally developed at the Massachusetts Institute of Technology, combines solid oxide fuel cells and microelectromechanical (MEMS) wafer fabrication methods and is fuelled by recyclable butane cartridges.
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