Tech Company Financing Transactions
American Battery Factory Funding Round
American Battery Factory, based in American Fork, secured investment capital from FNA Group and Lion Energy.
Transaction Overview
Company Name
Announced On
8/21/2023
Transaction Type
Amount
Unknown
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to create assembly facilities utilizing robotic and AI technologies to drive down costs and increase production.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
735 Auto Mall Dr
American Fork, UT 84003
USA
American Fork, UT 84003
USA
Phone
Email Address
Overview
We have a simple plan for a complex energy crisis: make renewable, independent, efficient and affordable energy a reality. Create the first and best network of U.S.-owned, vertical manufacturing, supply chain and R&D for LFP battery cells by fusing software, hardware and technology to manage an unlimited inventory of sustainable energy sources stored through state-of-the-art battery manufacturing and innovation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zhenfang Ge
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We report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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