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Estes Energy raises $11 million in seed round for multi-chemistry battery platform - Charged EVs
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Estes Energy raises $11 million in seed round for multi-chemistry battery platform - Charged EVs
US-based materials and manufacturing firm Estes Energy has raised $11 million in seed capital to finalize development of its multi-chemistry battery pack platform and establish manufacturing operations in the US. The platform is capable of using either nickel manganese cobalt (NMC) and lithium iron phosphate (LFP) cells. The round was co-led by BMW i Ventures and Fortescue. New System Ventures and early investor DCVC also participated. The compa…
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