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Achates Power, which is developing an improved combustion engine, announced it has secured $29.8 million in Series D financing from OGCI Climate Investments. The company’s engines, according to the company, increase fuel efficiency, reduce greenhouse gas emissions, and cost less. The firm maintains that  its engines

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According to a recent SEC filing, Achates Power has closed $29.8 million in financing from an undisclosed investor. Achates Power, Inc., has developed a radically improved internal combustion engine that increases fuel efficiency and reduces GHG emissions at lower cost. The company says its opposed-piston, two-stroke,

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