Tech Company Financing Transactions
Adden Energy Funding Round
On 10/23/2024, Adden Energy landed $15 million in Series A funding from At One Ventures, MassVentures and Primavera Capital.
Transaction Overview
Company Name
Announced On
10/23/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to construct a roll-to-roll pilot line production facility at its headquarters in Waltham.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
1432 Main St. 200
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Undisclosed
Website
Email Address
Overview
Adden Energy, founded by a team of scientists at Harvard University, is developing and scaling up a brand-new type of solid-state battery. With demonstrated charge times as low as 3 minutes and capacity retention for over 10,000 cycles in a lab-scale cell, Adden Energy is developing cutting edge technologies to enable mass adoption of EVs around the world and contribute greatly to a cleaner future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Fitzhugh
Chief Technical Officer
Luhan Ye
Co-Founder
Fred Hu
Co-Founder
Xin Li
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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