Led by GM Ventures, Addionics Raises $39 Million Series B to …

LONDON, July 25, 2024 /PRNewswire/ -- Addionics, a global leader in battery technology, announced its Series B funding round of $39 Million. The round was co-led by GM Ventures …


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Led By GM Ventures, Addionics Raises $39 Million Series B To …

6 days from now

LONDON, July 25, 2024 /PRNewswire/ -- Addionics, a global leader in battery technology, announced its Series B funding round of $39 Million. The round was co-led by GM Ventures …

prnewswire.com

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Addionics Secures $39M To Boost EV Batteries - The EV Report

6 days from now

Jul 25, 2024  · Addionics, a leader in battery technology, has raised $39 million in its Series B funding round, led by GM Ventures and Deep Insight. The funds will support the expansion of …

theevreport.com

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EV Battery Startup Addionics Raises $39 Million For Lower Cost, …

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Jul 25, 2024  · Battery technology startup Addionics announced that it has raised $39 million in a Series B funding round co-led by GM Ventures and Deep Insight, with proceeds to be used to …

esgtoday.com

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GM Ventures Co-leads $39M Series B Funding Round In Addionics …

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Aug 5, 2024  · Addionics in London, a leader in battery technology, has announced its Series B funding round of $39 million, which was co-led by GM Ventures and Deep Insight, with …

dbusiness.com

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General Motors Funds Israeli EV Battery Tech Firm Addionics

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Jul 25, 2024  · Israel-based battery tech company Addionics raised $39 million in a Series B round, co-led by GM Ventures and Deep Insight. The investment, which includes Scania, will …

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GM Co-Leads $39 Million Funding For EV Battery Materials Startup …

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Jul 25, 2024  · Earlier this year, Addionics said it plans a $400 million U.S. factory to make copper anodes for EV batteries starting in 2027 to eventually supply enough for about 1 million EVs a …

usnews.com

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Led By GM Ventures, Addionics Raises $39 Million Series B To …

6 days from now

Jul 25, 2024  · Addionics, a global leader in battery technology, announced its Series B funding round of $39 Million. The round was co-led by GM Ventures and Deep Insight, with …

yahoo.com

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EV Battery Tech Startup Addionics Nets $39 Million Series B Led By …

6 days from now

Jul 25, 2024  · Israeli auto-tech company Addionics has completed a $39 million Series B round led by GM Ventures, the investment arm of General Motors, and the Deep Insight fund. ...

calcalistech.com

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GM Ventures Leads $39M Funding Round For Battery Technology …

6 days from now

Aug 1, 2024  · Dive Brief: General Motor Co.’s venture capital arm was one of the lead investors in the $39 million Series B funding round of battery technology startup Addionics, according to a …

automotivedive.com

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Addionics Raises $39 Million Series B Led By GM Ventures For EV

6 days from now

Jul 25, 2024  · The funding will support operational growth and global business expansion for Addionics 3D Current Collector solution. LONDON, July 25, 2024 /PRNewswire/ -- Addionics, …

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GM Co-leads $39M Funding For EV Battery Materials Startup …

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Israeli battery technology company Addionics has successfully raised $39 million in a B Series funding round to further the commercialization of its innovative copper and aluminum …

evinfo.net

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GM Leads $39M Series B For 3D Printed Battery Startup Addionics

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Jul 26, 2024  · GM Ventures, the venture capital arm of the Detroit auto giant, has co-led a $39 million Series B round into Addionics, an Israel- and UK-based company that makes 3D …

3dprint.com

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Led By GM Ventures, Addionics Raises $39 Million Series B To …

6 days from now

Jul 25, 2024  · The funding will support operational growth and global business expansion for Addionics 3D Current Collector solution. LONDON, July 25, 2024 /PRNewswire/ -- Addionics, …

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Addionics Raises $39M In Battery Manufacturing Ramp-up - Axios

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Jul 25, 2024  · Addionics, a London-based battery technology developer, raised a $39 million Series B to ramp up production. Why it matters: It's a sizable raise when investors are leery of …

axios.com

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Exclusive: Roboflow, Vision AI Startup, Raises $40 Million Series B

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4 days ago  · Roboflow has raised $40 million for its Series B, Fortune has exclusively learned. The round was led by GV, with Craft Ventures and Y Combinator joining along with Vercel’s …

fortune.com

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Led By GM Ventures, Addionics Raises $39 Million Series B To …

6 days from now

Led by GM Ventures, Addionics Raises $39 Million Series B to Drive Cost-Efficient EV Battery Innovation

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FAQs about Led by GM Ventures, Addionics Raises $39 Million Series B to … Coupon?

How much did GM Ventures invest in battery technology?

LONDON, July 25, 2024 /PRNewswire/ -- , a global leader in battery technology, announced its Series B funding round of $39 Million. The round was co-led by GM Ventures and Deep Insight, with participation from Scania, along with new and returning strategic investors. ...

Why did GM invest in addionics?

"GM's investment supports our broader mission of identifying, investing in, and developing the right technology that will enable our all-electric future," said Anirvan Coomer, Managing Director, GM Ventures. "Addionics' current collector design shows promise in enabling improved battery performance at a lower cost. ...

Who is involved in GM Ventures' B series funding round?

GM Ventures co-leads the B Series funding round with Israeli tech venture fund Deep Insight. Swedish truck maker Scania, owned by Volkswagen's (VOWG_p.DE) Traton (8TRA.DE) also participated in the investment round. ...

What's going on with GM Ventures & deep insight?

The round was co-led by GM Ventures and Deep Insight, with participation from Scania, along with new and returning strategic investors. The funds will be used to bolster the company's manufacturing capabilities and advance global business engagements. ...

Can addionics commercialise electric vehicle batteries?

REUTERS/Nick Carey/File Photo Purchase Licensing Rights LONDON, July 25 (Reuters) - Israeli battery technology company Addionics has raised $39 million from investors including General Motors' (GM.N) venture capital arm to help commercialise its copper and aluminium electrodes for electric vehicle batteries, it said on Thursday. ...

Which companies are investing in addionics?

Swedish truck maker Scania, owned by Volkswagen's (VOWG_p.DE) Traton (8TRA.DE) also participated in the investment round. As well as investing in Addionics, GM and Scania are potential customers for the company's porous, three-dimensional copper and aluminium electrode battery materials that use less material - including 60% less copper. ...

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