Tech Company Financing Transactions
ACT-ion Battery Technologies Funding Round
On 2/10/2025, ACT-ion Battery Technologies landed $7.5 million in Series A funding from BASF Venture Capital America, Arosa Capital and Hunt Energy Enterprises.
Transaction Overview
Company Name
Announced On
2/10/2025
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series A
Investors
BASF Venture Capital America (Lead Investor) (Joshua Speros)
Proceeds Purpose
ACT-ion will use the proceeds to accelerate its innovative CAM production technology, aiming to establish an operational pilot facility by 2025, with validations from leading industry partners.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1807 Ross Ave 350
Dallas, TX 75201
USA
Dallas, TX 75201
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to reimagine cathode active material manufacturing, achieving cost-efficient, high-performance batteries, and accelerating the deployment of clean energy solutions. Founded in Dallas, TX, we are dedicated to reducing reliance on international suppliers for our domestic battery supply chain and making the US competitive in the global CAM market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jin Lim
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