Funding and M&A Roundup: Lithium Battery Component Company Soelect Raises $11 Million
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Soelect – a developer of advanced solid-state battery components to power the next generation of electric vehicles, power tools, and mobile electronics – raised $11 million in Series A financing. Lotte Ventures teamed with GM Ventures and KTB Network to make the investment. Lotte Ventures was the lead investor through a fund sponsored by Lotte Chemical.
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Utsav Sinha
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