UQM Technologies Gets $5.3M In PIPE
Longmont, Colorado-based energy and electric motor systems development company UQM Technologies said this week that it has raised $5.3M in a capital raise from un-named, institutional investors. Name of the investors were not announced. According to UQM, it will use the funding for capacity expansion in new regions, working capital, and general corporate purposes.
posted on Friday, February 7, 2014
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