Tech Company Financing Transactions
AM Batteries Funding Round
AM Batteries, operating out of Acton, secured $30 million from Toyota Ventures, Anzu Partners and Creative Ventures.
Transaction Overview
Company Name
Announced On
12/4/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
AMB's funding from a robust set of strategic and financial investors will help the company develop and drive the commercialization of dry powder coating technology and equipment for low-cost lithium-ion battery manufacturing.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
211 Arlington St
Acton, MA 01720
USA
Acton, MA 01720
USA
Phone
Undisclosed
Website
Email Address
Overview
AM Batteries is developing a solvent free electrode manufacturing technology which will solve all of these problems. The traditional solvent based electrode production in the Li-ion battery industry is a key challenge for all battery manufacturers.
Management Team
Title
Name
Email & Social
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