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Home 24M Raises $87 Million in Series H Preferred Investment Round

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24M Raises $87 Million in Series H Preferred Investment Round

CAMBRIDGE, Mass.--(BUSINESS WIRE)--24M today announced it has closed an $87 million investment round. This Series H Preferred Stock financing led by Nuovo+, a 24M strategic partner and licensee, values the company at $1.3 billion post-money. 24M delivers revolutionary battery innovations that overcome critical, decades-old industry challenges. By reinventing today’s battery technologies and manufacturing methods, its chemistry-agnostic battery design, process, and platform reduce manufacturing...

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