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PPG receives DOE funding to study coatings applications in automotive lithium-ion batteries

PRIVATESep 16, 2020

Round Type

Funding Round

SumaréManufacturingHardwareSoftwareMobile

Description

PPG (NYSE:PPG) today announced it has received funding from the U.S. Department of Energy (DOE) for research into the use of two versatile, high-output processes in the production of lithium-ion (Li-ion) battery electrodes. The three-year, $2.2 million project – one of 13 selected through a DOE initiative focused on addressing engineering challenges for advanced battery materials and devices – will be conducted in collaboration with Oak Ridge National Laboratory in Tennessee.

Quick answer

PPG raised an undisclosed amount in a Funding Round round, dated September 16, 2020. PPG is based in Sumaré, São Paulo, Brazil.

How much did PPG raise?
PPG raised an undisclosed amount in a Funding Round round on September 16, 2020.
Where is PPG based and how big is it?
PPG is based in Sumaré, São Paulo, Brazil.

Source: Fundz verified event record.

Who else raised in Hardware and Mobile around the same time

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

  • Agility Robotics raised $20M (Funding Round) on October 15, 2020.
  • Kaleyra raised $6M (Funding Round) on August 3, 2020.
  • Perpetual Industries raised $51K (Pre-Seed) on October 29, 2020.
  • Wi Tricity raised $34M (Corporate Round) on October 29, 2020.
  • Capacity raised $11M (Series C) on October 28, 2020.
  • Lunchbox raised $20M (Funding Round) on October 28, 2020.

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Company Information

Company

PPG

Location

Sumaré, São Paulo, Brazil

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