Breakthrough Battery Technology Company Ionobell Raises $7.3M Total Seed Funding
SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Today Ionobell, the breakthrough silicon battery technology company, announced that they have raised a recent seed extension round of $3.9M led by Dynamo Ventures and Trucks VC bringing the total amount funding to $7.3M in seed investment fundraising. The initial equity round was led by Trucks VC, with participation from Dynamo Ventures and Alumni Ventures.
- SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Today Ionobell , the breakthrough silicon battery technology company, announced that they have raised a recent seed extension round of $3.9M led by Dynamo Ventures and Trucks VC bringing the total amount funding to $7.3M in seed investment fundraising.
- Ionobell has expertise in battery material and cell development, alongside several decades of energy storage, Li-ion, and fabrication knowledge and experience are used to build battery technology that will help automotive clients save up to $1,200 per vehicle.
- Many battery companies in the space are unable to reach production scale because of the costs of building their batteries.
- "Ionobell's novel battery technology from reused materials that can power the technology in our everyday lives.