Dutch Battery Startup LionVolt Closes €4 Million Seed Round Led by Innovation Industries
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Thursday, November 18, 2021
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European battery start-up LionVolt announced today it has successfully closed a seed round of 4 million, bringing its total funding this year to more than 5 million.
Key Points:
- European battery start-up LionVolt announced today it has successfully closed a seed round of 4 million, bringing its total funding this year to more than 5 million.
- The round was led by deep tech venture capital firm Innovation Industries and joined by Brabant-focused startup fund Brabantse Ontwikkelingsmaatschappij (Brabant Development Agency, BOM) and renowned investor Sake Bosch.
- The LionVolt battery will power technology in several industries, including wearable devices, electric vehicles (EVs) and aviation.
- We are pioneering that solution while building a strong ecosystem to support this innovation," said LionVolt CEO Karl McGoldrick.