Tech Company Financing Transactions
Libattion Funding Round
Libattion, based in Glattbrugg, secured $15 million in funding from A&G Energy Transition Tech Fund, EBL (Elektra Baselland Cooperative) and Hcapital.
Transaction Overview
Company Name
Announced On
6/27/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
A&G Energy Transition Tech Fund (Lead Investor) (Juan Bernal)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Sägereistrasse 24
Glattbrugg, 8152
Switzerland
Glattbrugg, 8152
Switzerland
Phone
Website
Email Address
Overview
Libattion is a Zurich-based company bringing cutting-edge battery storage technologies into industrial and commercial use. The company was founded in 2018 with the vision to develop a greener and more sustainable battery storage solution. To accomplish this, we reuse EV batteries from the European automotive sector to maximize the battery lifecycle, minimize resource consumption, and decarbonize industries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stefan Bahamonde
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We report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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