Power Practical Closes Seed Funding

Power Practical, a Salt Lake City, Utah-based an alternative-energy startup that provides a portable personal power generator, closes a seed funding of undisclosed amount.

The round was led by Kickstart Seed Fund.

Led by Matt Ford, CEO, Power Practical provides the PowerPot, a portable personal power generator which looks like a regular camping style cooking pot but with technology on the bottom that converts heat into electricity. Using thermoelectric technology, the PowerPot takes the heat generated from a camping stove, camping fire, wood burning stove, etc. to generate up to 5 watts of power through a standard USB output.
Small electronic devices like smart phones, head lamps and GPSs are fully compatible with the PowerPot.

http://youtu.be/bpekzkJ1Rhs

The company successfully crowdfunded on Kickstarter last spring with $126k (read here) and, since then, has shipped over 2,000 units to over 30 countries.

FinSMEs

31/01/2013

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