[PowerPulse.Net]
Battery companies are trading in the 0.5 - 1.0x revenue multiples range. It'll be difficult for the VC's to make any money on Revolt unless their technology is revolutionary and/or the VCs got in at an attractive valuation.
Thursday, June 30, 2005
ReVolt Technology Draws VC Funds for Rechargeable Battery
"ReVolt Technology AS (Trondheim, Norway), a startup that has developed a rechargeable zinc-air battery, announced that it has received about $8.5 million in a first round of financing by Northzone Ventures, Sofinnova Partners, Techno Venture Management and Viking Ventures. ReVolt was formed as a spin-off from contract research institute Sintef in 2004, and is led by Chief Executive Officer Nils Kristian Nakstad."
[PowerPulse.Net]
Battery companies are trading in the 0.5 - 1.0x revenue multiples range. It'll be difficult for the VC's to make any money on Revolt unless their technology is revolutionary and/or the VCs got in at an attractive valuation.
[PowerPulse.Net]
Battery companies are trading in the 0.5 - 1.0x revenue multiples range. It'll be difficult for the VC's to make any money on Revolt unless their technology is revolutionary and/or the VCs got in at an attractive valuation.
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