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Ionic Materials Raises $65 Million to Speed Development of its Revolutionary Polymer Electrolyte for Solid-State Batteries

Woburn, Mass. – February 7, 2018 – Ionic Materials today announced it has secured $65 million in a Series C financing round from a leading group of financial and strategic investors. The strategic investors include companies from the battery manufacturing, consumer electronic and electric vehicle ecosystem who will be working with the company to speed the development of its solid polymer electrolyte battery material. These funds will fuel Ionic Materials’ accelerated growth, support its hiring plans and help the company meet the significant market demand for its novel polymer electrolyte.

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Three tech breakthroughs that will help transform the world

We are living unsustainably. Greenhouse gas emissions threaten runaway climate change, and excessive nitrogen pollutes our waters. We sense the impending sixth extinction but are shocked by breaking news of a mass decline in insects. Information technology has rapidly transformed our economy but not areas such as energy, materials and food, where we desperately need sustainability. We need to change our course.

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electric vehicles

Safe, long range electric vehicles become a reality

consumer electronics

Longer lasting devices in new form factors

grid storage

Low cost, reliable energy for grid applications

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