Nanoramic, a Boston, MA-based advanced battery technology company, raised $44M in funding.
The round was led by General Motors Ventures and Catalus Capital, with participation from Samsung Venture Investment Corporation, Top Material, and existing investors, including Fortistar Capital and WindSail Capital Group.
The company intends to use the funds to commercialize its Neocarbonix®technology across a broad range of industries and applications.
Led by CEO and Founder John Cooley, Nanoramic is an energy storage and advanced materials company that has developed an innovative electrode technology, Neocarbonix®, which aims to transform energy storage for all battery applications: increasing energy density and longevity, while reducing costs and improving sustainability.
The company works with some of the world’s largest automakers, consumer electronics companies, and battery manufacturers to develop and commercialize batteries made with Neocarbonix® at the Core.
FinSMEs
12/12/2024