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Bedrock Materials raised $9M in Seed funding led by Trucks Venture Capital, Refactor Capital, and Version One Ventures.

May 16, 2024over 1 year ago

Amount Raised

$9 Million

Round Type

seed

Palo AltoManufacturing

Investors

Ritual CapitalValia VenturesMeliorate PartnersQuest Venture PartnersClimate CapitalExpansion VcEvergreen Climate InnovationsBrainstorm CapitalSpace Cadet VenturesHanover Technology Investment ManagementVersion One VenturesRefactor CapitalTrucks Venture Capital

Description

Bedrock Materials, a battery technology startup, raised $9M in Seed funding. The round was led by Trucks Venture Capital, Refactor Capital, and Version One Ventures. Additional investment was provided by several other investors. The company intends to use the funds to expand operations and its development efforts.

Company Information

Company

Bedrock Materials

Location

Palo Alto, California, United States

About

Bedrock Materials is a startup company developing materials/manufacturing technology that enables domestic manufacturing of low cost sodium-ion batteries.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers