GROTON, CT, Nimbus Power Systems today announced the successful closing of its pre-seed financing round.
Nimbus Power Systems, a pioneering developer of advanced fuel cell technologies for heavy-duty vehicles, today announced the successful closing of its pre-seed financing round led by Connecticut Innovations, Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for innovative, growing companies. The investment will enable Nimbus to accelerate the development and demonstration of its cutting-edge, zero-emission heavy-duty fuel cell engine, designed to be the most advanced in the world.
Nimbus Power System develops zero-emission, fuel cell systems for the heavy-duty mobility and stationary power markets. The company’s mission is to provide uncompromising zero-emission replacements for heavy-duty engines currently serving these markets.
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By VC News Daily
Source: VC News Daily