MTPVMicron-gap ThermoPhotoVoltaics
MTPVMouse Trap Powered Vehicle (engineering project)
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MTPV Power said in a statement today that Northwater's Intellectual Property Fund, Total Energy Ventures, chemicals maker Saudi Basic Industries Corp (SABIC) and US venture debt firm Point Financial LLC have invested as part of the funding round.
MTPV is engaged in the development of semiconductor chips that convert heat directly into electricity.