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myFC raises USD6.7m for micro-fuel cells
By
Editorial
Thu Jul 7 2011, 15:50 PM
mFC has raised USD6.7m in equity funding from investors including KTH Chalmers Capital and the Sixth Swedish National Pension Fund. The Stockholm-based firm says it has also been approached by international investors, and will work with its advisor GP Bullhound to explore an additional expansion round later this year. Founded in 2005, myFC is developing hydrogen fuel cell technology for use in charging mobile phones and other low power portable electronics.
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