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Nanoramic Raises $44 Million in Financing for Advancing Neocarbonix Technology

Dec 14, 2024•over 1 year ago

Contract Type

partnership

WakefieldManufacturingEnergy

Description

Nanoramic, a pioneer in advanced battery technology, announced a $44 million financing round co-led by General Motors Ventures and Catalus Capital, with participation from other key investors. The investment will significantly support Nanoramic’s efforts to commercialize its innovative Neocarbonix technology, which provides a sustainable and practical solution for various battery-powered applications and industries.

Company Information

Company

FastCAP Systems

Location

7 Audubon Road

Wakefield, Massachusetts, United States

About

FastCap® Ultracapacitors is an industry leader in harsh environment energy storage, producing the only nanocarbon-based ultracapacitors capable of operating in temperatures up to 150°C and under conditions of extreme shock and vibration.

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