Success Stories
We consistently review and update our primary metrics (cumulative since ’93):
- New business formations: 105
- Funding events: $1.078 billion
- Job creation: 12,699
Since clients do not pay fees or compensation to TVC of any kind, these are TVC’s primary success metrics. Return on our invested time with clients is paramount. While we’d like to help as many entrepreneurs as we can, we are selective and look for those with commercialization potential—that means evaluating many of the same criteria that investors use (team, technology, pain, market size, customer traction, etc.). Since we work with early stage companies, we select clients based on their potential, and help entrepreneurs drive toward each milestone. When they line up with what investors have told us they’re seeking, we’ll make the introduction.
Ultracell gets $3.8 million
July 27, 2009
Congratulations to UltraCell Corp. on receiving $3.8 million in new venture capital financing. The latest round of new funding was led by existing investors BASF Venture Capital GmbH, OnPoint Technologies, Espirito Santo Ventures and Miami Valley Venture Fund. UltraCell was a presenter at the 2003 Technology Ventures Equity Capital Symposium in California and has attracted $30 million in investment since it was founded in 2002.
UltraCell is a leading producer of fuel cell systems for mobile devices. With an exclusive license from Lawrence Livermore National Laboratory for micro fuel cell technology, the company has developed new technologies and intellectual property in the field of methanol-based fuel cells. For more information about UltraCell, please visit www.ultracellpower.com.
