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Imec Spin-Off Solithor Closes A €10M Seed Investment Round To Develop A New Disruptive Solid-State Battery Cell Technology

PRIVATEMay 16, 2022

Amount Raised

€10 Million

Round Type

Seed

Sint-TruidenManufacturingGaming

Description

SOLiTHOR, the newly created spin-off company from imec – partner in the top European energy R&D innovation hub EnergyVille – is spearheading the development, manufacturing and commercialisation of innovative solid-state lithium (Li) battery cell technology to reliably and economically offer high energy storage solutions. SOLiTHOR raised €10M in a seed investment round led by imec.xpand supported by a strong investment syndicate including LRM, Nuhma and FPIM. The proceeds will be used to develop the technology required to enable further electrification of our transport industry with solutions that address current issues in autonomy, performance, longevity and safety.

Quick answer

SOLiTHOR raised €10 Million in a Seed round, dated May 16, 2022. SOLiTHOR is based in Sint-Truiden, Limburg, Belgium.

How much did SOLiTHOR raise?
SOLiTHOR raised €10 Million in a Seed round on May 16, 2022.
What does SOLiTHOR do?
Solithor is a company developing solid-state battery technology.
Where is SOLiTHOR based and how big is it?
SOLiTHOR is based in Sint-Truiden, Limburg, Belgium. Fundz records about 33 employees.
Who are the decision-makers at SOLiTHOR?
Fundz holds 1 contact at SOLiTHOR. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Gaming and Manufacturing around the same time

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

  • Hadrian raised $11M (Seed) on June 24, 2022.
  • Hadrian raised $37M on April 15, 2022.
  • Axil Brands, Inc. raised $32M on June 30, 2022.
  • OpConnect raised $450K (Seed) on June 30, 2022.
  • Meta Materials raised $50M on June 30, 2022.
  • Prairie Aquatech Manufacturing raised $2M (Seed) on June 30, 2022.

Who to call at SOLiTHOR, and when

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

  • An alert the day SOLiTHOR raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SOLiTHOR, from your own LinkedIn network

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Company Information

Company

SOLiTHOR

Location

Sint-Truiden, Limburg, Belgium

About

Solithor is a company developing solid-state battery technology. It is spearheading the development, manufacturing, and commercialization of solid-state lithium (Li) battery cell technology to offer high-energy storage solutions.

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SOLiTHOR 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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