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
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
Phone
Undisclosed
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.
Profile
AM Batteries LinkedIn Company Profile
Social Media
AM Batteries Company Twitter Account
Company News
AM Batteries News
Facebook
AM Batteries on Facebook
YouTube
AM Batteries on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Yan Wang
  Yan Wang LinkedIn Profile  Yan Wang Twitter Account  Yan Wang News  Yan Wang on Facebook
Chief Technical Officer
Jay Shi
  Jay Shi LinkedIn Profile  Jay Shi Twitter Account  Jay Shi News  Jay Shi on Facebook
Co-Founder
Heng Pan
  Heng Pan LinkedIn Profile  Heng Pan Twitter Account  Heng Pan News  Heng Pan on Facebook
VP - Engineering
Omri Flaisher
  Omri Flaisher LinkedIn Profile  Omri Flaisher Twitter Account  Omri Flaisher News  Omri Flaisher on Facebook


 

 

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We report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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