E-magy
Assembly Line
🔋🚙 E-magy has raised €20.5 million for the production of EV battery materials
Dutch firm E-magy has raised €20.5 million in fresh funds to get cracking on industrial scale production of a silicon material for EV batteries, one that the company claims can increase the storage capacity of lithium-ion batteries, compared to today’s industry standards. The funding round features Hydro, Invest-NL and Rubio who join existing impact investors SHIFT Invest and PDENH.