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LiNova Energy Secures $15.8 Million in Series A Financing to Accelerate High Energy Polymer Cathode Battery Development
LiNova also announced that it has entered into a joint development agreement with Saft, pursuant to which LiNova and Saft will work together to develop the battery technology for commercialization in Saft's key markets. " "
" " said Jim Gable , Vice President, Innovation and President of Technology Ventures at Chevron. " "
" " said Saif Qazi , Vice President at Catalus Capital. " "
" " said Michael Nagus , CEO of LiNova Energy. " "
Catalus Capital, Chevron Technology Ventures, and Saft bring a wealth of experience and strategic resources to the table, which will be instrumental in guiding LiNova Energy's growth trajectory.
As LiNova Energy moves forward, the company is committed to leveraging this investment to make significant strides in the battery technology sector, driving innovation, and delivering value to its customers and stakeholders.
For more information about LiNova Energy and its mission to transform the energy landscape, please visit https://www.linovaenergy.com/
LiNova Energy is developing ultra-high-energy batteries utilizing a Polymer Cathode for the EV, Aerospace, and Energy Storage industries. LiNova Energy's cathodes require no Nickel, Cobalt or any metal oxides, ensuring a sustainable and cost-effective battery solution. The company is dedicated to revolutionizing the way the world stores energy.
Contact: Michael Nagus , CEO, LiNova Energy , info@linovaenergy.com
View original content:https://www.prnewswire.co.uk/news-releases/linova-energy-secures-15-8-million-in-series-a-financing-to-accelerate-high-energy-polymer-cathode-battery-development-302129794.html