Temporal Power, a Canada-based developer and manufacturer of flywheel electrical energy storage systems, has raised C$10m ($10m) in its series B round from a consortium including Enbridge Emerging Technology, a corporate venturing division of listed energy company Enbridge.
Northwater Intellectual Property Fund, a fund managed by Canadian venture capital firm Northwater Capital Management, reinvested in the B round having led Temporal Power’s A round of undisclosed size in July 2011.
Chuck Szmurlo, vice-president of alternate and emerging technology at Enbridge, said: “Having…
