India’s Tata Invests in MIT Spin-Off Sun Catalytix
Jeff St. John- Thursday, October 7, 2010
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Indian conglomerate Tata has invested in Sun Catalytix, the MIT spin-off with technology for a low-cost catalyst for splitting water into hydrogen to power fuel cells using solar generated electricity. Tata and Polaris Ventures put $9.5 million into the startup, which also received a $4 million ARPA-E grant in January, to allow it to make prototypes of its technology.
