Tuesday, 21 October 2014
Last updated 59 min ago
Feb 17 2009 | 12:01am ET
UK-based energy storage start-up Nexeon Limited has raised GBP 10 million ($14.2 million) to continue development of its silicon-based anodes for lithium-ion batteries.
PUK Ventures contributed GBP 1 million ($1.4 million) to the funding, Invesco Perpetual contributed GBP 5 million and the Imperial College London invested GBP 4 million through its venture arm, Imperial Innovations.
Nexeon has been developed within the Imperial College London’s innovations incubator, the goal of which is to commercialize technologies developed by the university’s professors. Nexeon was founded by Professor Mino Green of the university’s electrical engineering department.
Nexeon plans to use the money raised to build a pilot manufacturing facility. The latest funding round follows a GBP 4.25 million round in July 2007.
The company has developed proprietary processes and machines for producing the material and for making electrodes and plans to sell non-exclusive licenses for its technology.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...