JSR Micro formed a partnership with Capstone in November 2011 to provide its lithium ion battery to Capstone, which provides wireless water meters.

JSR Micro, a US-based advanced materials subsidiary of Japan-based JSR, has made a corporate venturing investment by providing $4.9m to Capstone Metering, according to a regulatory filing.

JSR Micro formed a partnership with Capstone in November 2011 to provide its lithium ion battery to Capstone, which provides wireless water meters.

Eric Johnson, president of JSR Micro, said: “JSR is strongly committed to developing and seeking out green, smart and sustainable technologies and Capstone Metering is a great fit for that…