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Microporous secures credit financing to support construction of a new battery separator manufacturing facility. This funding will help expand their capabilities in the lithium-ion battery market.
Microporous, based in Piney Flats, TN, received an undisclosed amount in credit financing. The funding will be utilized for building a lithium-ion battery separator manufacturing facility in Danville, VA. Investors in this round include Eagle Point Credit Management and Elda River. The company focuses on advanced battery separator solutions for various sectors.
Company Information
Company
Microporous
Location
Tennessee, United States
About
Microporous is a provider of battery separator manufacturing solutions based in Piney Flats, TN. The company specializes in the manufacturing of advanced battery separators for the lithium-ion battery market, serving the automotive, industrial, and energy storage sectors. Their solutions leverage technology to improve battery performance and energy storage.
TennesseeManufacturingEnergyElectronicsEnergy Storage