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Solid-state battery startup LiNa Energy raises USD4.8 million in seed funding round

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Corporate developments

The funding will support the company in advancing its technology and bringing it to mass production

LiNa Energy has raised GBP3.5 million (about USD4.8 million) in a seed funding round from a combination of existing and new investors, the solid-state battery startup announced in a press release on 12 October. The funding will enable the company to advance their technology through expanding their laboratory facilities, stepping-up recruitment and buying new equipment, which will accelerate their commercialisation plan and ultimately when they are market-ready.

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