BrightVolt Garners $5,000,000 Series B Round

  • Feed Type
  • Date
    9/15/2016
  • Company Name
    BrightVolt
  • Mailing Address
    8201 164th Ave NE Redmond, WA 98052 USA
  • Company Description
    BrightVolt is the world’s leader in the design, development and scale manufacturing of ultra-thin film batteries. Our patented Lithium Polymer design allows our batteries to be the thinnest, most flexible and yet maintain the highest energy density to power a wide variety of IoT devices.
  • Website
    http://www.brightvolt.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    BrightVolt will use these Series B funds to prepare for substantial growth in 2017, to continue to build on its patented, core battery technology, Polymer Matrix Electrolyte (PME) and to scale its manufacturing.
  • M&A Terms
  • Venture Investor
    New Science Ventures
  • Venture Investor
    Undisclosed