Angel Investor Forum (AIF) today announced the initial closing of a new $1.2 million seed fund (AIF Seed Fund V LLC) as well as the fund's first investment in Nimbus Power Systems, a company commercializing an advanced, zero-emission, heavy-duty, fuel cell engine to replace diesel engines and eliminate emissions. With capital contributed by AIF members, the Fund will invest in at least eight early-stage companies, each receiving funding ranging from $125,000 to $150,000.

Nimbus Power System develops zero-emission, fuel cell systems for the heavy-duty mobility and stationary power markets. The company's mission is to provide uncompromising zero-emission replacements for heavy-duty engines currently serving these markets.