Tech Company Financing Transactions
South 8 Technologies Funding Round
On 4/27/2022, South 8 Technologies received $12 million in Series A funding from Anzu Partners, Foothill Ventures and LG Electronics USA.
Transaction Overview
Company Name
Announced On
4/27/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the funding to accelerate the commercialization of its patented Liquefied Gas Electrolyte (LiGas®) technology for high-performance batteries for electric vehicle, grid storage, aerospace, and defense applications.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3030 Bunker Hill St. 319
San Diego, CA 92109
USA
San Diego, CA 92109
USA
Phone
Undisclosed
Website
Email Address
Overview
The Liquefied Gas Electrolytes are a platform technology which will enable an entirely new class of batteries across a range of markets and applications. This innovation will power tomorrow's applications in the e-mobility, grid storage, and other growing markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cyrus Rustomji
Chief Technical Officer
Jungwoo Lee
VP - Customer Service
Hamid Sayadi
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