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24M Technologies
AddedFeb 15, 2024
UpdatedJun 18, 2026
24M Technologies

24M Technologies

24M Technologies, based in Cambridge, US, innovates energy storage systems for grid and transport use.

HQ
Cambridge, MA, US
Founded
2010
Overview
Compare
Fundraising
Employees
Website

24M Technologies, founded in Cambridge, US, is dedicated to innovating energy storage systems for grid and transportation applications. Their core mission is to revolutionize battery technology to enhance energy density, safety, cycle life, and recyclability while reducing costs. The company offers a suite of products including 24M SemiSolid™, 24M ETOP™, Impervio™, Eternalyte™, and Liforever™, catering to manufacturers of electric vehicles (EV), electric vertical takeoff and landing (eVTOL) aircraft, and energy storage systems (ESS).

Notable figures associated with 24M Technologies include co-founder Dr. Yet-Ming Chiang, a prominent materials scientist. The company has secured significant investments from major industry players and venture capital firms. Key achievements include the development of their SemiSolid™ technology, which has set new benchmarks in battery performance and sustainability. 24M Technologies has made a substantial impact on the energy storage market by providing innovative solutions that support the transition to a more sustainable energy future.

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24M Technologies - Quick Facts

Who are 24M Technologies' competitors?

Companies similar to 24M Technologies include 4D Energetics, Ambri, Fourth Power and Group14 Technologies.

When was 24M Technologies founded?

24M Technologies was founded in 2010.

Where is 24M Technologies' headquarters located?

24M Technologies' headquarters is located in Cambridge, MA, US.

When was 24M Technologies' last funding round?

24M Technologies' most recent funding round was for $3.2M (USD) in January 2023.

How much has 24M Technologies raised to-date?

As of Jan 10, 2023, 24M Technologies has raised a total of $97.8M (USD).

How many employees does 24M Technologies have?

24M Technologies has 178 employees as of Feb 5, 2024.

24M Technologies - Classification

Industry
  • Hardware
Ownership
  • Private
  • Venture Capital
Technology
  • Batteries
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Energy Storage
Tags
  • Cleantech
  • Energy
NAICS
  • 220000Utilities
  • 221000Utilities
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services