Tech Company Financing Transactions
Addionics Funding Round
Deep Insight, GM Ventures and Scania Growth Capital participated in a $39 million Series B funding round for Addionics. The financing round was recorded on 7/25/2024.
Transaction Overview
Company Name
Announced On
7/25/2024
Transaction Type
Venture Equity
Amount
$39,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to build up teams across the globe, and expand its manufacturing and commercialization efforts, including advancing the construction of its planned US-based giga-factory for the production of its 3D Current Collectors.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
84 Wood Ln. Translation and Innovation Hub I-HUB
London, W12 0BZ
UK
London, W12 0BZ
UK
Phone
Undisclosed
Website
Email Address
Overview
Addionics smart 3D cell design will allow the next step-change in battery performance to enable a clean energy future. We're creating the next generation of energy storage by focusing on battery physics and are enabling higher energy density, lower charging time, and improved heat safety, with the largest markets in mind.
Management Team
Title
Name
Email & Social
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