Fundz

Octet Scientific, Inc. Wins $1 Million In R&D Funding From The U.S. National Science Foundation

PRIVATEAug 02, 2022

Amount Raised

$1 Million

Round Type

Seed

ClevelandManufacturingEnergyRenewable Energy

Description

Octet Scientific, Inc. has been awarded $1 Million from the U.S. National Science Foundation (NSF) Small Business Innovation Research (SBIR) program to conduct research and development (R&D) work on making safer and more sustainable grid-scale battery storage.

Quick answer

Octet raised $1 Million in a Seed round, dated August 2, 2022. Octet is based in Cleveland, Ohio, United States.

How much did Octet raise?
Octet raised $1 Million in a Seed round on August 2, 2022.
What does Octet do?
Octet Scientific, Inc. is ensuring that tomorrow’s cleanest energy is stored in the world’s cleanest batteries.
Where is Octet based and how big is it?
Octet is based in Cleveland, Ohio, United States.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Octet that raised within 45 days of this round, from Fundz verified event records.

  • Bosch raised an undisclosed amount on August 31, 2022.
  • Aptera Motors raised $709K (Seed) on August 25, 2022.
  • Lumotive raised an undisclosed amount (Funding Round) on August 24, 2022.
  • Ascent Solar Technologies raised $5M on August 19, 2022.
  • Sabanto raised $17M (Series A) on August 18, 2022.
  • Terabase Energy raised $44M (Series B) on August 2, 2022.

Who to call at Octet, and when

A new round usually means Octet is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Octet

Location

Euclid Ave

Cleveland, Ohio, United States

About

Octet Scientific, Inc. is ensuring that tomorrow’s cleanest energy is stored in the world’s cleanest batteries. Our OctoLyteTM electrolyte chemicals give safe, sustainable zinc-based batteries the high performance they need for devices, backup power, and on the grid. The world’s first company dedicated to optimizing zinc battery chemistry, Octet was founded in 2017 in Cleveland, OH and has won the support of the National Science Foundation and the State of Ohio. For more information visit www.octetsci.com. #Batteries #GridStorage #ZincBatteries

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Octet 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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