Lionano Raises $22 Million in Series B Funding

Date 25th, Sep 2018
Source Business Wire - General News Websites

DESCRIPTION

WOBURN, Mass.--(BUSINESS WIRE)--Lionano, a developer and manufacturer of advanced battery energy storage technologies, today announced the completion of a $22 million Series B financing round led by WAVE Equity Partners, Helios Capital Ventures and NXT Ventures. Lionano will use the funds to scale up commercial production and global deployment of its high-performance, high-quality cathode materials – a drop-in technology that significantly improves the key performance metrics of lithium-ion bat