Tech Company Financing Transactions
Allotrope Energy Funding Round
On 4/11/2023, Allotrope Energy landed $6.7 million in funding from Suzano Ventures.
Transaction Overview
Company Name
Announced On
4/11/2023
Transaction Type
Venture Equity
Amount
$6,700,000
Round
Undisclosed
Investors
Suzano Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to progress its battery material technology.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Undisclosed
Knaphill, England, GU21 2EP
UK
Knaphill, England, GU21 2EP
UK
Phone
Website
Email Address
Overview
Allotrope Energy is a leading developer of high -rate battery materials. Through years of development, we've made a key breakthrough in fast -charging carbon anodes allowing us to introduce the lithium -ion hybrid family of batteries whilst also demonstrating key improvements in the charging time of more traditional lithium -ion chemistry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Pete Wilson
Browse more venture capital transactions:
Prev: 4/11/2023: Clear Street venture capital transaction
Next: 4/11/2023: Citron venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs