Energy

24M Technologies

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

$87M
Total Raised
Series G
Latest Round
2010
Founded
180+
Employees
Cambridge, MA
1 min read

Quick Facts

Valuation
$450M
Latest Round Size
$87M
Latest Round Date
September 2024

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

Key Investors

Volkswagen
Lead Investor
Verified investor in Series G
Kyocera
Investor
Verified investor in Series G

About the Author

Editorial Team
Editorial Team
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