Tech Company Financing Transactions
StoreDot Funding Round
On 1/6/2022, StoreDot raised $80 million in Series D financing from VinFast and BP Ventures.
Transaction Overview
Company Name
Announced On
1/6/2022
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series D
Investors
VinFast (Lead Investor) (Pham Linh)
Proceeds Purpose
The capital will be used for completion of StoreDot's R&D and mass production scale-up of silicon dominant extreme fast charging (XFC) battery cells by 2024
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3 Shenkar St.
Herzeliya, 4672503
Israel
Herzeliya, 4672503
Israel
Phone
Website
Email Address
Overview
StoreDot is a pioneer and leader of extreme fast charging (XFC) batteries that overcome the critical barrier to mainstream EV adoption -- range and charging anxiety.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/5/2022: Metaversal venture capital transaction
Next: 1/6/2022: Ready Player Me venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs