Tech Company Financing Transactions
24M Technologies Funding Round
24M Technologies, operating out of Cambridge, scored $21.8 million from Itochu Corporation, Kyocera and North Bridge Venture Partners.
Transaction Overview
Company Name
Announced On
12/18/2018
Transaction Type
Venture Equity
Amount
$21,800,000
Round
Series D
Investors
Itochu Corporation (Lead Investor) (Koji Hasegawa)
Kyocera (Lead Investor)
Proceeds Purpose
The Series D will accelerate the deployment of its simple, capital-efficient, low-cost manufacturing process and the development of differentiated, high energy density lithium-ion cells for the EV market.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
130 Brookline St.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
Industry experts reinventing the lithium-ion battery to enable ultra-low cost energy storage - powered by semisolid lithium-ion technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Throop Wilder
Chief Executive Officer
Naoki Ota
Chief Scientific Officer
Yet-Ming Chiang
VP - Bus. Development
PangHoo Tan
VP - Manufacturing
Matthew Tyler
VP - Product Management
Timothy Rineck
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