# INI Power Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ini-power-systems

- Industry: Power & Utilities
- Headquarters: Morrisville, US
- Website: www.inipowersystems.com
- Total disclosed funding: $7M
- Latest round: Series B (May 31, 2007)
- Investors on record: 3

## About

Founded in 2001, INI Power Systems is based in US and operates as a methanol-powered fuel cell systems developer. The company develops generators and hybrid power solutions for deployment to underdeveloped environments worldwide.

## Funding rounds

- Series B, May 31, 2007, $4M — MHI Energy Partners
- Series A, Dec 23, 2004, $3M — Illinois Ventures, MHI Energy Partners, Morrissey Hawthorne

## Investors

- Illinois Ventures (https://capitalatlas.ai/funds/illinois-ventures) — Series A
- MHI Energy Partners (https://capitalatlas.ai/funds/mhi-energy-partners) — Series A, Series B
- Morrissey Hawthorne (https://capitalatlas.ai/funds/morrissey-hawthorne) — Series A