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Venture Capital News: AM Batteries Lands $30M Series B

2023-12-04
CHELMSFORD, MA, AM Batteries announced it closed a $30M Series B in an oversubscribed funding round led by Toyota Ventures.
AM Batteries announced it closed a $30M Series B in an oversubscribed funding round led by Toyota Ventures. New investment combines strategic corporate support from Porsche Ventures and Asahi Kasei, with financial investment from RA Capital Management - Planetary Health, Wilson Sonsini, and Industry Ventures. The round also includes existing investors such as Anzu Partners, TDK Ventures, Creative Ventures, Doral Energy-Tech Ventures, Foothill Ventures, and Zeon Ventures.
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