The round was led by TSV Capital and supported by several prominent U.S. family offices. The new capital will accelerate the company's manufacturing scale-up, commercial expansion, and continued development of high-performance batteries for aerospace, uncrewed aerial systems (UAS), robotics, and critical infrastructure applications.

EGI Battery is headquartered in Ann Arbor, Michigan, advancing America's next generation of battery design and manufacturing. Led by an experienced team of battery industry veterans, the Company develops and produces high-performance lithium-ion batteries for dual-use aerospace, unmanned systems, robotics, and emerging mission-critical applications. EGI Battery maintains a performance-driven and production-ready technology roadmap and is actively advancing intellectual property and manufacturing capabilities to meet industry demand in the United States.