NanoGraf Secures $65M Series B Financing
Summary
CHICAGO, IL, NanoGraf today announced that it has raised $65 million in an oversubscribed Series B funding round. NanoGraf, an advanced battery materials company and enabler of the worlds most energy-dense lithium-ion 18650 cell, today announced that it has raised $65 million in an oversubscribed Series B funding round. Existing investors including Hyde Park Angels, Evergreen Climate Innovations, and Goose Capital also participated in the round. NanoGraf works with more than 50 companies, including some of the worlds leading consumer electronics, household appliance, and power tool brands, and over 12 strategic partners in electric mobility (from startups to Fortune 100s). NanoGraf is a spinout of Northwestern University and Argonne National Laboratory.
