24M raised $87 million in a Series H preferred investment round led by Nuovo+ to accelerate the commercialization and mass production of revolutionary battery technologies.
Amount Raised
$87 Million
Round Type
Series H
CambridgeManufacturingPrecious MetalsInvestors
Description
24M has closed an $87 million Series H Preferred Stock financing, bringing its total funding to over $500 million. This investment will support the acquisition of a new R&D and pilot manufacturing plant in Rayong, Thailand.
Quick answer
24M Technologies raised $87 Million in a Series H round, dated September 5, 2024. Investors: Kyocera Corporation, Asahi Kasei, Dai Nippon Printing Company (Dnp), Lucas Tvs, Mitsui O.S.K. Lines and Nuovo+. 24M Technologies is based in Cambridge, Massachusetts, United States.
- How much did 24M Technologies raise?
- 24M Technologies raised $87 Million in a Series H round on September 5, 2024.
- Who invested in 24M Technologies?
- Kyocera Corporation, Asahi Kasei, Dai Nippon Printing Company (Dnp), Lucas Tvs, Mitsui O.S.K. Lines and Nuovo+ are named as investors in this round.
- What does 24M Technologies do?
- 24M answers the world’s need for affordable energy storage by offering a revolutionary battery manufacturing and product design technology set enabled by the 24M SemiSolid™ and Unit Cell manufacturing platform.
- Where is 24M Technologies based and how big is it?
- 24M Technologies is based in Cambridge, Massachusetts, United States.
- Who are the decision-makers at 24M Technologies?
- Fundz holds 1 contact at 24M Technologies, including the CHIEF SCIENTIST & CO-FOUNDER. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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