Battery Company Sakti3 Receives $4.2 Million from General Motors Ventures and Itochu Technology Ventures

Sakti3, Inc., an Ann Arbor, Michigan-based developer of next-generation lithium-ion batteries, announced earlier this month that it received an investment of $4.2 million from General Motors Ventures and Itochu Technology Ventures to advance the firm’s manufacturing capabilities. The companies also plan to work together to speed commercialization of Sakti3 battery cells. These two investors join previous investors … Read more

Solaria Raises $65 Million in Series D Financing

Solaria, a manufacturer of solar photovoltaic modules, announced earlier this month that it has concluded its Series D round of financing with a total amount raised of $65 million.  This figure was $20 million above the company’s original target and included a $10 million growth loan facility from Western Technologies Inc (WTI). Adams Street Partners, Cycad … Read more