Neah Power Systems said it had an investment of $12 million from investors including Intel Capital and other venture capital firms.
Neah wants to provide efficient and safe fuel cells aimed at notebook PCs, and other small form factor products.
Fuel cell technology for notebook PCs still seems to be a way off, it appears. Quite a few firms have demonstrated prototypes of fuel cell batteries, including Toshiba and others.
They were promised for this year, but so far there appear to be precious few available on the market.
Intel Capital often bungs money into companies it wants to help fuel growth which will sell more microprocessors and other silicon. Notable examples in the past include news.com, Rambus and Samsung. µ
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Uses 20 percent less power than traditional systems
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