Tech Company Financing Transactions
Ateios Systems Funding Round
On 5/18/2023, Ateios Systems received $2.4 million in funding from The US Department of Defense.
Transaction Overview
Company Name
Announced On
5/18/2023
Transaction Type
Venture Equity
Amount
$2,400,000
Round
Undisclosed
Investors
The US Department of Defense (Lead Investor)
Proceeds Purpose
This effort will support a variety of critical military use case applications.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Battery Innovation Center 7970 South Energy Drive
Newberry, IN 47449
USA
Newberry, IN 47449
USA
Phone
Undisclosed
Website
Email Address
Overview
Ateios will enable a Moore's Law of batteries through its innovative electrode manufacturing techniques. These techniques will be adopted for years to come as they drastically increase the speed at which electrodes are manufactured, reduce the carbon footprint associated with battery manufacturing and decrease the size necessary to create giga factories.
Management Team
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