Funding and M&A Roundup: Group14 Technologies Secures $34 Million Funding
Vena Energy secures $550 million credit facility
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Group14 Technologies, a silicon battery materials maker, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor. Group14 Technologies uses silicon for the battery anode material rather than the commonly used graphite, which the company claims provides higher energy density as well as faster charging times.
