NEO Battery raises $5.5 million through an upsized non-brokered private placement. The funds will be used for battery component procurement and scale-up equipment.
Amount Raised
C$5.5 Million
Round Type
Post-IPO Equity
Description
NEO Battery Materials Ltd. closed its upsized non-brokered private placement, issuing 10,785,836 units at $0.51 CAD each for gross proceeds of approximately $5.5 million. The proceeds will fund South Korean battery components and development equipment for drone and robotics batteries. The offering is subject to final acceptance from the TSXV
Quick answer
NEO Battery Materials raised C$5.5 Million in a Post-IPO Equity round, dated September 29, 2025.
- How much did NEO Battery Materials raise?
- NEO Battery Materials raised C$5.5 Million in a Post-IPO Equity round on September 29, 2025.
- What does NEO Battery Materials do?
- NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy..
- Where is NEO Battery Materials based and how big is it?
- Fundz records about 13 employees.
- Who are the decision-makers at NEO Battery Materials?
- Fundz holds 1 contact at NEO Battery Materials, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as NEO Battery Materials that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $300M (Funding Round) on September 4, 2025.
- Forgis raised $4.5M (Pre-Seed) on November 13, 2025.
- Azumuta raised $9.3M (Series A) on November 13, 2025.
- ARC Building Solutions raised an undisclosed amount on November 13, 2025.
- PeptiSystems raised an undisclosed amount (Private Equity) on November 13, 2025.
- Carbon raised $60M (Funding Round) on November 13, 2025.
Who to call at NEO Battery Materials, and when
A new round usually means NEO Battery Materials is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NEO Battery Materials raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NEO Battery Materials, from your own LinkedIn network
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Related People
NEO Battery Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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