24M Technologies Secures $87M Series H Funding, Boosting Valuation to $1.3B, Strengthening Global Battery Tech Leadership

Published: Sep 30, 2024 15:01

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U.S. solid-state battery technology company 24M Technologies announces the completion of Series H funding round at $87 million, led by Nuovo+ with participation from Kyocera, Asahi Kasei, DNP, Lucas TVS, and Mitsui O.S.K. Lines, Ltd. Following the completion of this funding round, 24M's post-investment valuation has reached $1.3 billion (approximately RMB 9.173 billion), further consolidating its leading position in the global battery technology field.

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