Wednesday, March 2, 2011

Energy Cache Eyes Smart Grid, With Backing Of Idealab

Los Angeles-based Energy Cache, a new startup backed by Idealab, is eyeing the energy storage and smart grid market with its technology. The firm, which is headed by Aaron Fyke, recently scored one of the top prizes at the recent Tech Coast Angels Fast Pitch in Los Angeles. The firm beat out around 170 other entrants to gain the title of "Best Investment Opportunity". Fyke, who has previously served as a venture capitalist in the clean technology industry in Australia, said that the firm is building an extremely low-cost, energy storage solution for improving grid reliability. More information »

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