Tech Company Financing Transactions
AM Batteries Funding Round
AM Batteries, operating out of Acton, secured $25 million from Anzu Partners, Creative Ventures and Doral Energy-Tech Ventures.
Transaction Overview
Company Name
Announced On
10/25/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its team and accelerate its commercialization efforts, advance its roll-to-roll manufacturing pilot line to a production-grade line for customers, and extend its dry-electrode manufacturing platform to new battery chemistries and technologies like solid-state batteries.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
211 Arlington St
Acton, MA 01720
USA
Acton, MA 01720
USA
Phone
Undisclosed
Website
Email Address
Overview
AM Batteries is developing a solvent free electrode manufacturing technology which will solve all of these problems. The traditional solvent based electrode production in the Li-ion battery industry is a key challenge for all battery manufacturers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yan Wang
Chief Technical Officer
Jay Shi
Co-Founder
Heng Pan
VP - Engineering
Omri Flaisher
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Prev: 10/25/2022: Alto Neuroscience venture capital transaction
Next: 10/25/2022: Spiny.ai venture capital transaction
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