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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. Ambri has raised more than $50 million in equity financing since its founding in 2010 and is the exclusive licensee of the Liquid Metal Battery intellectual property developed at MIT. Earlier post.)

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT.

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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

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The project was supported by a grant from the Doris Duke Charitable Foundation. If the consent of the governed is granted only grudgingly or not at all, such a program will inevitably be hamstrung by resistance and will remain at constant risk of reversal. All three waves of innovation must be pursued in parallel, immediately.

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Slow start for charge of the electric cars - Times Online

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Grants of between £2,000 and £5,000 will be available toordinary motorists to encourage them to buy electric or otherultra-low-carbon cars. The grants will not be available until 2011 and the detail of how they will beallocated and which cars will qualify has still to be worked out. Car buyers were less enthusiastic.