Wednesday, July 29, 2009
PowerGenix Hits Retail Market
San Diego-based PowerGenix, which develops rechargeable batteries based on Nickel-Zinc (NiZn) technology, announced today that its products are now available under its own brand at online retailers Amazon.com, GreenBatteris.com, and DepotEco. PowerGenix, which is backed by $60M in funding from Bessemer Venture Partners, Advent International, Angeleno Group, Braemar Energy Ventures, Granite Ventures, OnPoint Technologies and Technology Partners, said the branded products will be available in four packs for $14.99, and in four packs with a charger for $34.99. The firm claims its technology offers better power performance than standard rechargeable batteries. PowerGenix also has a deal to sell consumers its battery technolgoy through a white label deal with Ritz Camera.