MATR News: Kirkland, WA based OVP leads $8MM investment into Idaho based clean tech startup M2E Power

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Kirkland, WA based OVP leads $8MM investment into Idaho based clean tech startup M2E Power

November 16, 2007

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Kirkland venture-capital firm OVP Venture Partners http://www.ovp.com/ has made its first foray into clean technology, leading an $8 million investment into M2E Power http://m2epower.com/ , an Idaho firm that specializes in harnessing human movement to generate electricity.

The deal, to be announced today, will help M2E develop a system to power portable electronic devices such as night-vision goggles or cellphones using energy generated when a person moves.

By Ángel González

Seattle Times business reporter

Full Story: http://seattletimes.nwsource.com/htm ... ication=rss
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