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Infinite Power Solutions Gets $13M

Littleton, Colorado-based Infinite Power Solutions, which is developing solid-state, rechargeable thin-film batteries, said today that it has raised $13M in a Series B funding roudn. According to the firm, the round was led by D.E. Shaw ventures and Polaris Venture Partners, and also included prior investors Core Capital Partners, Applied Ventures, and In-Q-Tel, along with an unnamed strategic investor. The firm said the new capital will go to ramp volume production of its products. More information »