Battery Tech Startup Volt14 Raises $1.87 Million from Blume Ventures and Others
Battery technology developer Volt14 announced on Monday that it has secured $1.87 million in a funding round led by Blume Ventures. The round also saw participation from Beyond Next Ventures, Spectrum Impact, Supermorpheus, and existing investor Cocoon Capital, bringing the total amount raised by Volt14 to $4.02 million.
The funds will be utilized to scale up anode manufacturing and strengthen the company’s team. Founded in 2019 by Animesh Kumar Jha, Volt14 develops battery technologies with higher energy density and cost improvements. The startup has made significant advancements in battery technology, developing innovative solutions.
Volt14’s progress in battery technology has been notable, with the company’s focus on enhancing energy density and reducing costs. The funding will support the company’s plans to expand its manufacturing capabilities and enhance its team.
The investment from Blume Ventures and other participants demonstrates confidence in Volt14’s potential to make a significant impact in the battery technology sector. With its innovative approach and strong backing, Volt14 is poised to continue its growth trajectory.
