Aren't these guys our investors in EDIG? I keep hoping our technology will be useful in one of the new green industries. Would someone who knows more than I do, check this out.

"Littleton, Colo.-based Infinite Power Solutions (IPS) said today it raised $13 million to ramp the company as it begins shipping micro-energy storage devices later this month.

CEO Ray Johnson told the Cleantech Group that IPS is now operating the world's first facility for volume manufacturing of solid-state, rechargeable thin-film batteries, capable of producing millions of devices a year.

The 36,000-square-foot facility currently has one line operating but has the capacity to add a second line when there's sufficient demand, he said.

The Series B round was led by D.E. Shaw Ventures and Polaris Venture Partners, with participation from Core Capital Partners, Applied Materials' venture arm Applied Ventures and In-Q-Tel. The five firms also participated in the company's $35.7 million round in 2006 (see Infinite Power to build batteries in Colorado). A new, unnamed investor also took part in the Series B."