How much funding has AM Batteries raised?

AM Batteries has raised $102.0M in total funding, most recently a Venture Round.

Who are AM Batteries's investors?

AM Batteries's investors include TDK Ventures, Anzu Partners, Foothill Ventures, Toyota Ventures, Porsche Ventures, RA Capital Management.

When was AM Batteries founded?

AM Batteries was founded in 2020.

Where is AM Batteries headquartered?

AM Batteries is headquartered in Billerica, Massachusetts, United States.

What industry is AM Batteries in?

AM Batteries operates in Climate Tech.

How many employees does AM Batteries have?

AM Batteries has 11-50 employees.

AM Batteries

The Standard Is Shifting

Billerica, United States · Founded 2020 · $102.0M raised

Climate Tech

Headquarters: Billerica, Massachusetts
Employees: 11–50
Founded: 2020
Business Model: B2B

Website: am-batteries.com
Total Funding: $102.0M
Last Round: $44.0M Venture RoundDec 2024
Rounds: 4

About

AM Batteries is a clean energy technology company that has eliminated solvents from lithium-ion battery manufacturing through its proprietary Powder-to-Electrode dry coating process. Founded in 2020 by Dr. Yan Wang and Dr. Heng Pan in Massachusetts, the company's technology delivers superior electrochemical performance at a fraction of the capital and operating cost of traditional wet-coating processes. The dry electrode approach is compatible with LFP, NMC, NCA, graphite, silicon, and solid-state battery chemistries, and can reduce factory energy consumption and CapEx by up to 30-50%. AM Batteries is headquartered in Billerica, Massachusetts.

Summary

AM Batteries is a Climate Tech company based in Billerica, United States, founded in 2020. It has raised $102.0M in total across 4 rounds, most recently a $44.0M Venture Round round in Dec 2024. Investors include TDK Ventures, Anzu Partners and Foothill Ventures.