BloomEnergy, used to be called Ion America, is a stealth start-up developing a fuel cell to produce hydrogen and electricity.
According to CNN Money, Bloom Energy’s vision is to use solid-oxide fuel cells to allow homes to generate their own electricity. The fuel cells would use (but not burn) hydrocarbon fuel, and produce just half the carbon dioxide that today’s power plants do. One fuel cell should be enough to serve a home; homes could sell excess power back to the grid.
|Series D||103M||New Enterprise Associates, Kleiner Perkins Caufield & Byers, Mobius Venture Capital||Unknown|