Tech Company Financing Transactions
Sion Power Funding Round
Sion Power closed a $75 million Series A funding round on 1/24/2024. Investors included LG Technology Venture, Euclidean Capital and Hillspire.
Transaction Overview
Company Name
Announced On
1/24/2024
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to achieve technical and market validation of its technology.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2900 E. Elvira
Tucson, AZ 85756
USA
Tucson, AZ 85756
USA
Phone
Website
Email Address
Not Recorded
Overview
Sion Power is the leading developer of the next high energy rechargeable battery technology. This exciting new technology is based on the elements lithium and sulfur. These two combine to yield a battery system with the highest theoretical gravimetric and volumetric energy densities of any battery couple.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tracy Kelley
VP - Bus. Development
Yuriy Mikhaylik
VP - Engineering
Michael Laramie
VP - Finance
Joseph Lamarre
VP - Marketing
Angela Kliever
VP - Operations
Jeffrey Britt
VP - R & D
Urs Schoop
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We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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