24M announced has raised a $56.8 million Series E to commercialize its simple, capital-efficient, low-cost SemiSolid manufacturing process.

The financing was led by global trading company ITOCHU Corporation and as a part of the financing. Also participating in the round were new investors Fujifilm Corporation and Mirai Creation Fund II; along with previous investors, including Kyocera Corporation, Global Power Synergy Public Company Ltd (GPSC) and North Bridge Venture Partners.