UNIGRID Battery raises $12 million for battery production
San Diego-based startup UNIGRID Battery announces a $12 million Series A financing round to step up production of sodium-ion batteries.
| Sector | Stockage énergie, Batteries |
|---|---|
| Theme | Investissements & Transactions, Développement de projets, Financement |
UNIGRID Battery, an innovative company based in San Diego, recently announced the closing of a $12 million Series A financing round. This financing, co-led by Transition VC and Ritz Venture Capital, also saw the participation of new investors such as Union Square Ventures and existing investor Foothill Ventures. This capital injection is aimed at accelerating production of the sodium-ion batteries developed by UNIGRID to meet growing demand in the electric mobility and stationary storage markets.
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