MTPV, 2011 TechConnect/Nanotech Venture Forum Presenter, Completes $10M Series B Round of Financing
MTPV creates semiconductor chips that convert heat into electricity
The cleantech semi company has received funding from leading investors, including Applied Ventures, Northwater Capital, and the Massachusetts Clean Energy Center. With this latest financing round and its focus on clean energy power, the company has also officially changed its name from MTPV LLC to MTPV Power Corporation. In the release, David Mather, President and Chief Operating Officer of MTPV, and presenter at the 2011 TechConnect conference, notes, "Northwater Capital brings significant experience and many industry relationships to MTPV that will greatly benefit us as we begin to commercialize our technology."