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1245 terra Bella Avenue
Mountain View, CA 94043
Website Company Summary Management Team

CEO: James D. Balcom (8/02)
Business Development: Rick Cooper

Outside board: (May no longer be on the board) Graham Titcombe (FTSE-100);  Robert Jecmen (Intel);  Donald MacDonald (Intel VP Marketing & Branding) David Berkowitz (Ventures West) Grant Heidrich (Mayfield Fund)

Business description: Direct methanol fuel cell (DMFC) systems with their hot swappable fuel cartridges will satisfy consumer demands for longer runtimes in numerous portable devices such as laptop computers. PolyFuel's patented membrane will enable DMFC systems to be smaller, lighter, quieter, less expensive and more robust than systems made with competing membrane materials. PolyFuel also has world-class fuel cell systems technology as evidenced by its prototypes developed for cell phones and laptop computers. This systems expertise, which provides the company with critical real-world direction for the development of its membrane technology, is also available as a service for customers seeking support for the integration of the PolyFuel membrane in their systems. Spun out from SRI in 1999.

Rounds: 3
Recent Fundings: Jul 2004   Jul 2002
Capital raised: 40.0M
Last Round: 15.6M
Ownership: Private  
VCs include: Mayfield FundTechnology PartnersHotung Capital ManagementCDP Capital Technology Ventures;  KTB Capital;  Energy LP;  Venture West Capital;  Conduit Ventures Limited
Corporate investors: Intel Capital;  Yasuda Enterprise Development;  Chrysalix Energy

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Last Mentions

Record updated: Dec 2010
Sector: Communications
Rounds: 3
Recent Fundings: Jul 2004   Jul 2002
Capital Raised: 40.0M
Last Round: 15.6M
Ownership: Private