Issue Date: October 29, 2007
Fuel-Cell Company Wins Funding
Allied Minds, a private equity firm specializing in university spin-offs, is committing $500,000 to SiEnergy Systems, a firm commercializing solid-oxide fuel-cell technology developed at Harvard University's School of Engineering & Applied Sciences. Unlike conventional solid-oxide fuel cells that have to run at about 1,000 °C, SiEnergy says its cells can operate at lower temperatures. As a result, the firm says, solid-oxide fuels cells can be used in applications such as forklifts, scooters, and portable electronics.
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