Fujifilm To Invest $20 Million In 24M Semisolid Manufacturing Platform
09/14/22, 12:02 PM
Location
cambridge
Money raised
$20 million
Industry
manufacturing
24M Technologies, Inc. (24M) announced today that it has licensed its SemiSolid manufacturing platform to FUJIFILM Corporation (Fujifilm). As part of the partnership, Fujifilm will invest $20 million in 24M.
Company Info
Location
cambridge, maryland, united states
Additional Info
24M answers the world’s need for affordable energy storage by enabling a new, more cost-effective solution–SemiSolid™ lithium-ion technology. By re-inventing the design of the battery cell as well as the manufacturing method, 24M solves the critical, decades-old challenge associated with the world’s preferred energy storage chemistry: reducing its high cost while improving its performance. Founded and led by some of the battery industry’s foremost inventors, scientists, and entrepreneurs, 24M is headquartered in Cambridge, Mass. For more information, please visit www.24-m.com.