American Lithium Energy Funding Round

3/2/2023

Venture Equity

$13,200,000

Undisclosed

ALE will use this funding to expand its U.S.-based manufacturing production capabilities in Carlsbad, California, significantly grow its team in California, and increase use of U.S. and California-based raw materials and equipment supplies, in order to further its mission of developing sustainable energy solutions that promote the widespread adoption of zero-emissions transportation.

Private & Independent

Alternative Energy

2261 Rutherford Rd
Carlsbad, CA 92008
USA

American Lithium Energy (ALE) is shipping the world's highest energy density silicon-based lithium-ion batteries with industry best safety and zero-volt stability. Existing lithium battery technologies cannot meet the rapidly growing demand for more powerful, longer-lasting, smaller, and safer batteries. ALE's patented technologies eliminate the need for trade-offs between energy density, lifecycle, and safety: ALE's cells deliver all three. ALE's patented lithium battery safety technologies generate extremely high-power, high-energy-density lithium cells while simultaneously delivering unmatched and unparalleled safe performance.