Tuesday, July 8, 2008

Better Energy Systems Scores $5M

Berkeley-based Better Energy Systems has scored $5M in funding, according to venture capital firm TBL Capital. TBL Capital said that Better Energy will use the financing for growth capital, to expand the company's presence in existing ane new markets. Better Energy Systems is a developer of a solar hybrid charger, which uses solar power to charge mobile phones, mp3 players, PDAs, and other electronics. The firm's products are marketed under the Solio name. Better Energy was founded in London with offices in Berkeley. More information »