Boston-Power, a developer of advanced lithium-ion batteries for consumer electronics applications, announced today a $55 million Series D round, lead by Foundation Asset Management (FAM) and including return investors Oak Investment Partners, Venrock, GGV Capital, and Gabriel Venture Partners. The n...
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News Commentary | April 23, 2021
GM led the investment round, with contributions from SK Inc., Temasek, Applied Ventures, SAIC Motor, and Vertex. SES recently announced a joint development agreement with GM to build a manufacturing prototyping line in the U.S. for its lithium metal cells for production by 2023. The company is one ... Not part of subscription
News Commentary | June 29, 2021
The latest funding round was led by Swedish pension funds AP1, AP2, AP3, AP4, and Omers Capital. Northvolt will use the new investment, in the form of equity, to improve the factory production capacity from a planned 40 GWh to 60 GWh. The funding comes after Northvolt signed multiple contracts with ... Not part of subscription
News Commentary | May 06, 2022
Porsche AG was joined by other institutional investors contributing to this hefty Series C round to speed output of silicon‑composite battery materials. Baked into the investment is a supply agreement with Porsche's subsidiary, Cellforce Group, which will produce batteries using Group14's silicon‑... Not part of subscription