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Holyvolt raises $45 million to break China's battery dominance

Fortune ·

TSLA Tesla Inc
$367.16 -2.15%
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  1. 1Battery material startup Holyvolt has secured $45 million in funding.
  2. 2Holyvolt reached a company valuation of $245 million.
  3. 3Holyvolt plans to begin commercializing DRX in 2027.

So what's the key point?

Holyvolt, a company that makes battery materials, has raised $45 million. This money will be used to start making products with new technology starting in 2027.

Source Fortune · View original ↗

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