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Another technology backed by Decc is a home battery system from Moixa Group, a UK technology similar to Tesla's Powerwall.
Clearwire's WiMax technology, backed by chip giant Intel, is similar to its cousin wi-fi.
But the fund is not tied to one particular vertical – instead, the team is interested in "strong technology backed by intellectual property as long as it has a clear, capital-efficient path to market," but is "technology sector-agnostic".
Using affordable technology backed up with a powerful online and mobile marketing platform we can help small independent festivals like Secret Garden Party deliver tickets affordably and promote their event".
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This year, Huawei Technologies backed away from acquiring technology assets from 3Leaf Systems, a server company, after the federal government raised concerns about the relatively small transaction.
"I don't think you can put technology back in the bottle," said Mr. Marquis-Boire.
"I was just floored by the technology back then, and it's evolved since.
I called time on this creeping restlessness of technology back in January.
Another chuckled: "Agencies and Big Pharma are holding technology back – nobody has to die any more".
After six months, they may license the technology back to Microsoft or not.
He and a Chinese friend from Dallas founded AsiaInfo Holdings to bring Internet technology back home.
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