AM Batteries Raises $30 Million Series B Funding
The company has stated to have raised over $60 million to date
December 5, 2023
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AM Batteries, a lithium-ion dry-electrode technologies developing company, closed a $30 million Series B in an oversubscribed funding round led by Toyota Ventures. The investment combines strategic corporate support from Porsche Ventures and Asahi Kasei, with financial investment from RA Capital Management – Planetary Health, Wilson Sonsini, and Industry Ventures.
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Sohini Aich
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