by: Luke Timmerman
April 6, 2011
Every startup, at some point in its maturation, needs to put up or shut up. EnerG2 is starting to enter that phase when it’s time to find out if it can really do what it said it was going to do.
The Seattle-based company, founded in 2003 with technology from the University of Washington, started to talk big when it raised $8.5 million from OVP Venture Partners and Firelake Capital in the fall of 2008. EnerG2′s technology idea was to create synthetic carbon powders with properties that make them highly efficient at storing energy.