BOSTON, MA, Nanoramic, a pioneer in advanced batteries, today announced it has secured a strategic equity investment from ITOCHU Corporation, with additional participation from existing investor Top Material.
The financing will be used to accelerate the global commercialization of Nanoramic's Neocarbonix® battery technology and products and will significantly strengthen its global supply chain in response to growing customer demand.
Founded in 2009 out of MIT, Nanoramic, Inc. is an industry-leading energy storage and advanced materials company that has developed an innovative electrode technology, Neocarbonix®. Nanoramic is commercializing Neocarbonix to transform energy storage for all battery applications: increasing energy density and longevity, while reducing costs and improving sustainability. Nanoramic works with some of the world's largest automakers, consumer electronics companies, and battery manufacturers to develop and commercialize batteries made with Neocarbonix. Nanoramic, Inc. is the exclusive designer, manufacturer, and licensor of Neocarbonix and Fastcap® Ultracapacitors.
(c) by Massinvestor, Inc. For contact info, please check out our
about page.
