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Energy

24M Technologies

24M Technologies raises $87M Series G at $450M valuation

Cambridge, MASeptember 24, 20241 min read
Total Raised
$87M
Valuation
$450M
Latest Round
Series G
Employees
180+

24M Technologies: Series G Funding Round

24M Technologies has successfully raised $87M in Series G funding, reaching a valuation of $450M.

Company Overview

Developing advanced lithium-ion battery technology for EVs and grid storage

Funding Details

The Series G round was led by Volkswagen, with participation from Kyocera.

Company Information

  • Headquarters: Cambridge, MA
  • Founded: 2010
  • Employees: 180+
  • Category: Energy

Investment

24M Technologies plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Volkswagen: Verified investor in Series G
  • Kyocera: Verified investor in Series G

Company Info

Headquarters
Cambridge, MA
Founded
2010
Team Size
180+
Last Round
$87M(Sep 2024)

Investors (2)

V
VolkswagenLead
Lead Investor
Verified investor in Series G
K
Kyocera
Investor
Verified investor in Series G

Topics

verified(3079)real-funding(3079)24m-technologiesenergyseries-gcambridge

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