Advano

Energy Storage & BatteriesSeries ANew Orleans, USadvano.io

Latest round

Series A

Last raised

Jan 2024

Total raised

$24M

Investors

14

About Advano

Advano, Inc.Advano, Inc. specializes in advanced silicon materials that improve battery efficiency.213 mn.Advano focuses on advanced silicon-based materials to enhance lithium-ion (Li-ion) batteries. Their key product, REALSi, serves as an innovative alternative to traditional graphite in batteries, improving energy density and efficiency.Advano operates on a B2B model, partnering with battery manufacturers and OEMs to integrate their silicon-based materials. Revenue is generated through direct sales of REALSi materials, which are competitively priced.Advano plans to expand its product line with new silicon-based materials targeted for release in 2024. The company aims to enter new geographic markets, including Europe and Asia by mid-2025.

Who invested in Advano

14 investors across 5 rounds

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Funding rounds

  1. Series A

    Jan 30, 2024

    Amount

    $3.3M

    Investors

    Locked

  2. Series A

    Jan 28, 2020

    Amount

    $19M

    Investors

    Locked

  3. Series A

    Jan 9, 2020

    Amount

    Undisclosed

    Investors

    Locked

  4. Seed

    Jul 1, 2017

    Amount

    $1.5M

    Investors

    Locked

  5. Seed

    Mar 16, 2017

    Amount

    $0.5M

    Investors

    Locked

Questions about Advano

Who invested in Advano?

Advano has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Advano raised?

Advano has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Advano last raise money?

Advano's most recent round on record is a Series A, in Jan 2024.

What does Advano do?

Advano is a energy storage & batteries company.

Where is Advano headquartered?

Advano is headquartered in New Orleans, US.

Which VCs invest in companies like Advano?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Advano's stage. Their profiles are linked below.

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