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Blue Spark Technologies Announces First Closing of $5.0 Million Series B Funding.

Publication: Electronics Newsweekly
Publication Date: 12-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Blue Spark Technologies, Inc., the leading designer and manufacturer of thin, flexible, green printed batteries for industry, recently announced that the company has completed its first closing on a planned $5.0 million round of Series B funding. This initial investment will be used to support the ramp-up of Blue Spark's 1.5V carbon-zinc battery production for large volumes of battery assisted passive RFID implementations scheduled to ship starting in the fourth quarter of 2009. Funding sources include existing Blue Spark investors Early Stage Partners and SunBridge Partners, as well as several additional private investors.

According to Blue Spark President and CEO Gary R. Johnson: "The development of a new integrated circuit designed to support UHF Gen2 battery assisted passive...

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