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Teragen Energy raises $6M in an oversubscribed Pre-Seed round led by BEVC and Energy Capital Ventures to enhance fuel cell technology for commercial pilots.
Amount Raised
$6 Million
Round Type
Pre-Seed
BostonManufacturingEnergyOil And GasRenewable EnergyInvestors
Description
Teragen Energy, an advanced fuel cell company, has secured $6 million in a Pre-Seed funding round to accelerate the development of its innovative fuel cell technology. The round was co-led by BEVC and Energy Capital Ventures, alongside participation from AP Ventures, AIC Ventures, MassCEC, and UntroD Capital Asia. This funding aims to transition Teragen's technology from prototypes to first commercial pilot projects. The company aims to redefine onsite power generation for industries pivotal to the ongoing energy transition.
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Teragen Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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