24M answers the world's need for affordable energy storage by enabling a new, more cost-effective solution-SemiSolid lithium-ion technology. By re-inventing the design of the battery cell as well as the manufacturing method, 24M solves the critical, decades-old challenge associated with the world's preferred energy storage chemistry: reducing its high cost while improving its performance. Founded and led by some of the battery industry's foremost inventors, scientists and entrepreneurs, 24M is headquartered in Cambridge, Mass.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 12/17/18 | $21,800,000 | Series D |
ITOCHU Corporation Kyocera Group North Bridge Venture Partners | undisclosed |
| 05/17/21 | $56,800,000 | Series E |
FUJIFILM Global Power Synergy ITOCHU Corporation Kyocera Group Mirae Asset Venture Investment North Bridge Venture Partners | undisclosed |
| 09/05/24 | $87,000,000 | Series H |
Asahi Kasei Dai Nippon Printing Company Kyocera Group Lucas TVS Mitsui O.S.K. Lines Nuovo+ | $1,300,000,000 |
