AM Batteries, Anzu Partners, Asahi Kasei, BATTERY MATERIALS, Electrode, EV, Li-ion, Porsche, Series B, solvents, Toyota

Dry Battery Electrode Start Up, AM Batteries, Pulls In the Crowds

AM Batteries, a Li-ion dry-electrode startup, closed a $30m Series B funding round that was oversubscribed.

The technology does away with the drying process you get with conventional “wet-coating” battery electrode production. And it also eliminates the need for harmful solvents.

Toyota Ventures, Asahi Kasei, Porsche Ventures have been joined by investment firms like Anzu Partners.

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