Tech Company Financing Transactions
Feon Energy Funding Round
Feon Energy closed a $6.1 million Seed investment round on 6/28/2024. Investors included Fine Structure Ventures, Eight Roads and EPS Ventures.
Transaction Overview
Company Name
Announced On
6/28/2024
Transaction Type
Venture Equity
Amount
$6,100,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its R&D team, scale up its high-throughput molecular discovery platform, and accelerate commercial engagement with battery and automotive players.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
150 New Boston St W
Woburn, MA 01801
USA
Woburn, MA 01801
USA
Phone
Undisclosed
Website
Email Address
Overview
Feon Energy is pioneering the next leap in energy storage by revolutionizing battery electrolytes, the critical yet often overlooked component. Our pharma-inspired molecule design platform enables us to invent tailored electrolyte molecules for each battery chemistry's unique needs, rather than force-fitting existing materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wenxiao Huang
Chief Technical Officer
Zhiao Yu
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