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UNIGRID Battery raised $12 Million in a Series A funding led by Transition VC and Ritz Venture Capital to accelerate and scale-up battery production.
UNIGRID Battery raised $12 Million in a Series A funding led by Transition VC and Ritz Venture Capital to accelerate and scale-up battery production.
06/13/24, 3:34 PM
Location
san diegoMoney raised
$12 million
Industry
battery
energy storage
renewable energy
energy
manufacturing
Round Type
series a
Investors
Foothill Ventures, Union Square Ventures, Ritz Venture Capital, Transition Vc
UNIGRID Battery, a San Diego-based startup developing advanced sodium-ion batteries, announced a successful close of an oversubscribed $12 Million Series A funding round. The investment will accelerate and scale-up UNIGRID's battery production to fulfill MWh-scale customer orders in the electric mobility and stationary storage markets.
Company Info
Location
san diego, california, united states
Additional Info
UNIGRID Battery is a San Diego-based startup founded in 2021, specializing in advanced sodium-ion batteries for energy storage and electric mobility applications. The company develops technology that surpasses industry standards in energy density and safety metrics, with a focus on drop-in compatibility with conventional Li-ion battery manufacturing infrastructure.
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