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Funding will be used for development of larger form factor products targeting industrial electrification and e-mobility markets.
November 30, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
BrightVolt, Inc., a leader in the design, development, and manufacturing of safe, high energy and low cost solid-state Lithium-Ion batteries, has successfully closed the first tranche of a $16M Series B financing round with significant investments by New Science Ventures (NSV) and Caterpillar Venture Capital Inc. Fresh funds will be utilized for development of larger form factor products targeting industrial electrification and e-mobility markets. Caterpillar is supporting customers during the...
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