Venture Capital News | Private Equity News | Liminal Raises $17.5 Million in Series A2 Funding to Catalyze Production of Safe, Reliable, High-Qua
Summary
In 2022, Liminal launched its automated EchoStat platform the only in-line, high-speed ultrasound inspection solution engineered specifically for EV-grade batteries. The platform provides battery cell manufacturers and auto OEMs with previously unavailable insights allowing them to commercialize and reduce time to market. After successfully evaluating Liminals solutions at Northvolt Ett, our first high-volume manufacturing facility, we have expanded our relationship to become investors in order to accelerate the companys future innovations. ArcTern, based in Toronto with offices in Oslo and San Francisco, invests globally in breakthrough technology companies solving climate change and sustainability - we call it #earthtech. The fund was founded on the premise that accelerating the transition to a carbon-neutral economy will disrupt all industries and present an unprecedented opportunity for outsized financial returns.