Tech Company Financing Transactions
SOLiTHOR Funding Round
imec.xpand, LRM and Nuhma participated in a $10.5 million Seed funding round for SOLiTHOR. This venture round was announced on 5/16/2022.
Transaction Overview
Company Name
Announced On
5/16/2022
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funds to develop the technology required to boost electrification of the transport industry and provide solutions to address current issues in autonomy, performance, longevity and safety
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Thor Park 8320
Genk, 3600
Belgium
Genk, 3600
Belgium
Phone
Website
Email Address
Overview
SOLiTHOR was founded in September 2021 by Huw Hampson-Jones and Dr Fanny Bardé and has been fully operational since early 2022. A Partnership Agreement with imec of Belgium, paves the way for SOLiTHOR to be solely responsible for developing, manufacturing and commercialising intrinsically safe SOLID-STATE lithium cell technology for the world's electromobility markets.
Management Team
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