AM Batteries
Latest round
- Series B
Last raised
- Oct 2023
Total raised
- $55M
Investors
- 14
About AM Batteries
Based in Billerica, US, AM Batteries, Inc.AM Batteries, Inc. was founded in 2021 in Billerica, US, and is dedicated to developing innovative battery technologies., LTD.16 mn.AM Batteries specializes in advanced lithium-ion dry-electrode technology, with its flagship offering being the Powder to Electrode™ dry coating method. This innovative process streamlines electrode manufacturing by eliminating the drying and solvent recovery stages, resulting in a more energy-efficient production cycle. The company's technology aims to address critical challenges in battery production, such as high energy consumption and environmental impact, and is primarily targeted at the electric vehicle (EV) industry. AM Batteries serves an array of customers, including major battery cell suppliers and manufacturers in North America and Asia, who are focused on enhancing the sustainability and affordability of electric vehicle batteries.AM Batteries engages in B2B transactions primarily with large battery manufacturers and automotive companies, which utilize its patented dry battery electrode technology in their production processes. The company's revenue structure is built on direct partnerships and collaborations, positioning it to work closely with industry leaders to integrate its solutions into their manufacturing lines. Revenue is generated through contractual agreements that encompass equipment sales and potential licensing of their proprietary technology.In December 2024, AM Batteries, Inc. The company plans to enhance its product offerings further while expanding into new geographic markets, particularly targeting increased demand in Asia-Pacific regions. Through strategic investments and innovations, AM Batteries aims to reinforce its market position and support the advancing needs of the electric vehicle industry.
Who invested in AM Batteries
14 investors across 3 rounds
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Questions about AM Batteries
Who invested in AM Batteries?
AM Batteries has 14 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AM Batteries raised?
AM Batteries has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did AM Batteries last raise money?
AM Batteries's most recent round on record is a Series B, in Oct 2023.
What does AM Batteries do?
Based in Billerica, US, AM Batteries, Inc.
Where is AM Batteries headquartered?
AM Batteries is headquartered in Billerica, US.
Which VCs invest in companies like AM Batteries?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at AM Batteries's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series B
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