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LightSail Energy Enters 'Hibernation' as Quest for Game-Changing Energy Storage Runs Out of Cash

Retrieved on: 2017-12-19 05:11:42

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<div>Its quest "to produce the world's cleanest and most economical energy storage systems" drew funding from VC royalty including <b>Khosla Ventures</b>, Peter Thiel and Bill Gates. But after eight years and approximately $80 million raised, it has run out of cash before reaching commercialization. The company ...</div>

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