Alsym Energy has developed an innovative low-cost, high-performance rechargeable battery chemistry that's free of lithium and cobalt and ideal for applications such as stationary storage, maritime shipping, and EVs including two-wheelers, three-wheelers, and passenger vehicles. By using non-flammable, non-toxic battery materials with robust global supply chains, Alsym is working to deliver wide-duration storage with performance comparable to lithium-ion at a much lower cost, helping to speed the pace of decarbonization globally.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 04/03/24 | $78,000,000 |
Drads Capital General Catalyst Partners  Tata Limited Thomvest Ventures Thrive Capital | undisclosed |
