Envia Systems hauled in a total of $17 million in a recent investment round, including $7 million from General Motors' venture capital arm, GM Ventures, and the remainder from Asahi Glass, Asahi Kasei, and existing venture investors Bay Partners, Redpoint, and Pangea Ventures. Fresh off a recent awa...
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News Commentary | September 29, 2021
The company will begin utilizing the materials it recovers by producing both copper current collectors and cathode active materials (CAMs). This announcement comes hot on the heels of a $700 million funding round. Redwood plans to scale to producing 100 GWh of CAM by 2025, then 500 GWh by 2030. For ... Not part of subscription
News Commentary | August 17, 2021
Following a $538 million Series A in February 2021 and the launch of its NMX cells, SVOLT has raised an additional $1.6 billion that will enable R&D of novel cathodes and construction of new manufacturing facilities. SVOLT's cells reportedly achieve an energy density just 5% lower than incumbent... Not part of subscription
News Commentary | September 16, 2021
After going public in December 2020, Romeo Power has entered into a long‑term cell supply agreement with LG Energy Solution. The deal will help Romeo Power to develop the battery packs through 2028; however, it will be paying $64.7 million to help build a new assembly line for the manufacturer in ... Not part of subscription