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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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AM Batteries was founded with the mission to revolutionize the manufacturing of Li-ion batteries through eco-friendly technology. The company focuses on a solvent-free electrode manufacturing process, which significantly reduces energy usage and CO2 emissions. Their innovative dry coating process cuts down on cost, time, and the physical footprint required for producing battery-grade electrodes, using five times less space compared to traditional methods. AM Batteries aims to serve the growing demand for sustainable energy solutions in various markets, including electric vehicles and renewable energy storage.
Notable figures associated with AM Batteries include its founders and key investors who have a strong background in cleantech and sustainable technologies. The company has garnered significant attention and accolades, including being named a BostInno Fire Awards Honoree in the Cleantech category. This recognition highlights their impactful contributions to the local ecosystem and the broader energy sector. AM Batteries' advancements in battery manufacturing technology have the potential to set new industry standards, promoting sustainability and efficiency in energy storage solutions.
Operating Status
Active
Ownership Type(s)
Venture Capital, Private
Main Product(s)
Li-Ion Batteries
Technology
Cleantech
Tags
Hardware, Manufacturing
Model Types
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was AM Batteries founded?
AM Batteries was founded in 2016.
Where is AM Batteries’s headquarters located?
AM Batteries’s headquarters is located in Chelmsford, MA, US.
When was AM Batteries’s last funding round?
AM Batteries’s most recent funding round was for $30M (USD) in November 2023.
How many employees does AM Batteries have?
AM Batteries has 26 employees as of Feb 5, 2024.
How much has AM Batteries raised to-date?
As of July 05, 2023, AM Batteries has raised a total of $60.3M (USD) since Nov 9, 2023.
Add Comparison
Total Raised to Date
$60.3M
USD
Last Update Nov 9, 2023
Last Deal Details
$30M
USD
Nov 9, 2023
Series B
Total Employees Over Time
26
As of Feb 2024
AM Batteries Address
Chelmsford,
Massachusetts
01752
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts