Tech Company Financing Transactions
Advano Funding Round
Advano closed a $18.5 million Series A funding round on 1/29/2020. Investors included Future Shape, Mitsui & Co. and PeopleFund.
Transaction Overview
Company Name
Announced On
1/29/2020
Transaction Type
Venture Equity
Amount
$18,500,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2000 Lakeshore Dr.
New Orleans, LA 70148
USA
New Orleans, LA 70148
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2016, and 2017 graduate of Y Combinator, Advano is a New Orleans-based company delivering a scalable solution for lithium-ion batteries with higher energy density. By conquering the challenges of silicon, Advano integrates or completely replaces graphite in today's lithium-ion batteries with A-SiFx, its advanced silicon anode material.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Girau
Chief Technical Officer
Shiva Adireddy
President
John Foster
Vice President
Jonathan Goodman
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