Tech Company Financing Transactions
Sion Power Funding Round
Sion Power closed a $50 million funding round on 1/13/2012. Investors included BASF Venture Capital America.
Transaction Overview
Company Name
Announced On
1/13/2012
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
BASF Venture Capital America (Andreas Kreimeyer)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2900 E. Elvira
Tucson, AZ 85756
USA
Tucson, AZ 85756
USA
Phone
Website
Email Address
Not Recorded
Overview
Sion Power is the leading developer of the next high energy rechargeable battery technology. This exciting new technology is based on the elements lithium and sulfur. These two combine to yield a battery system with the highest theoretical gravimetric and volumetric energy densities of any battery couple.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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