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Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

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Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. million (US$5.4 million announced in April 2013.

Financing 247
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million

Estonia 186
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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Estonian shale oil company acquires shale interests in Utah

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With the recent approval of the Committee on Foreign Investment in the United States (CFIUS), Eesti Energia (internationally known as Enefit) of Estonia has purchased a 100% interest in Oil Shale Exploration Company ( OSEC ) of Alabama, which has significant oil shale interests in Utah. Enefit has control over 3.1

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Skeleton Technologies receives US patent for nanoporous carbon powder supercapacitor material; higher energy and power densities and lower cost

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Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. According to a new report from Pike Research, worldwide sales of ultracapacitors will grow tenfold from just $28.2 million in 2011 to $284.1

Carbon 353