Your Source for Venture Capital and Private Equity Financings

Venture Capital News: International Battery Company Lands $35M

2024-01-18
SUNNYVALE, CA, International Battery Company has raised $35 Million in funding.
International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Li-ion NMC batteries, is announcing it has raised $35 Million. This includes a Pre-Series A round, led by RTP Global, and contributions from a broader investment base, which includes Beenext, Veda VC, and other strategic Korean and US Investors. The investment marks an important moment in IBC's journey to revolutionize the global EV landscape.

Founded in 2022, International Battery Company is a product-tech company that stands at the forefront of the sustainable energy revolution. Based in Sunnyvale, California, IBC specializes in the development of large-sized, eco-friendly Prismatic Li-ion NMC batteries, pivotal to advancing a cleaner, more sustainable future. With its roots in R&D in the US and manufacturing in South Korea, IBC is poised to extend its Giga manufacturing facility to India.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors