£10.4m to power EV battery innovator Anaphite

Quick Summary:

The funding will also support extensive new hires and further R&D investment to expand its technology portfolio.

A cohort of top climate investors also joined, including EEI and innovation agency Nesta, with further participation from existing investors Elbow Beach Capital and Wealth Club.

Our technology has the power to revolutionise the electrode production process while lowering costs and emissions for EV and cell manufacturers, and we can’t wait to see it in action.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment Transport EnviroTech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 07:41:08 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 22847663

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Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 2 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

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