Tech Company Financing Transactions
EGI Battery Funding Round
TSVC and private investors participated in a $10 million Seed capital raise for EGI Battery. The financing round closed on 3/3/2026.
Transaction Overview
Company Name
Announced On
3/3/2026
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
TSVC (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its manufacturing capabilities, commercial expansion, and continued development of batteries for aerospace, uncrewed aerial systems (UAS), robotics, and critical infrastructure applications.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
600 S. Wagner Road
Ann Arbor, MI 48103
USA
Ann Arbor, MI 48103
USA
Phone
Undisclosed
Website
Email Address
Overview
EGI Battery Inc. is a U.S. battery cell manufacturer with industry leading designs for semi-solid-state lithium-ion, silicon-rich high-performance advanced batteries. Our batteries are designed and made in the U.S. to deliver energy and power, reliably and efficiently.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom McGuckin
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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