Friday, April 15, 2011

ZPower Raises $64M

Camarillo-based ZPower, a developer of battery technology, appears to have raised $64M, according to a regulatory filing released by the firm Friday. In a filing, the firm said it issued $64M in equity as part of a merger, acquisition or exchange offer. The firm has not announced the details of the transactions, and it's unclear if that $64M in equity is new funding or existing capital in the company, or any details of what that merger or acquisition is about. More information »

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