Enevate Secures $30,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3a38510-ab23-430b-b806-8a44f1c94c2a
Date
9/16/2015
Company Name
Enevate
Mailing Address
101 Theory Irvine, CA 92617 USA
Company Description
Enevate Corporation is a leading rechargeable energy storage technology company based in Irvine, CA. Enevate has breakthrough industry patents delivering the promise of tomorrow’s battery capacity in today’s standard Li-ion ecosystem.
Website
http://www.enevate.com
Transaction Type
Venture Equity
Transaction Amount
$30,000,000
Transaction Round
Series B
Proceeds Purposes
The company intends to use the funds to bring technology and products into high volume mass production and expand into new applications such as drones.
M&A Terms
Venture Investor
Infinite Potential Technologies
Venture Investor
Tsing Capital
Venture Investor
Mission Ventures