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24M Technologies

24M Technologies

Private
Cambridge, MassachusettsEnergy & Sustainabilityhttps://24-m.com/

Last Round

Series H

Sep 5, 2024

Est. Valuation

$1.3B

Total Funding Raised

$256.58M

Company Overview

24M Technologies is a clean energy technology company that develops and licenses next-generation lithium-ion and lithium-metal battery technologies using a proprietary SemiSolid manufacturing platform.

Sector

Energy & Sustainability

Verticals

Energy Storage, Clean Manufacturing, Advanced Materials, Electric Vehicles, Smart Manufacturing

Business Model

B2B

Customer Profile

Data as a Service, Services & Consulting

AI Layer

Non-AI

Keywords

lithium-ion batteriesbattery manufacturingSemiSolidbattery techenergy storageEV batterybattery licensingelectrolyte technologybattery separatorbattery pack architectureultra-fast chargingbattery innovationgigafactory techclean energy manufacturingIP licensing

Historical Pricing

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Caplight Momentum Score

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24M Technologies Comps

Public and private peers based on sector, stage, and business model.

24M Technologies comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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24M Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series HSep 5, 2024
GrantApr 13, 2023
GrantJan 10, 2023
GrantJan 19, 2022
Series FJan 18, 2022
Series E
May 17, 2021

Key People

Founding team and executive leadership

Richard Chleboski

Chief Financial Officer

Executive Team

24M Technologies Investors

Notable investors and investment history

24M Technologies investors
InvestorRounds
United States Advanced Battery Consortium LLCGrant
MOL SwitchSeries H
Asahi Kasei Corporate Venture CapitalSeries H
Shumway CapitalSeries C
CRVSeries B, Series A
DOEGrant
Mitsui OSK LinesSeries H

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 17, 2021

    $57M round led by Itochu Corporation.

  • May 1, 2016

    $15M round led by Shumway Capital and GPSC.

24M Technologies Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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24M Technologies Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about 24M Technologies's valuation, stock price, and market status.

Firmographic Details

HeadquartersCambridge, Massachusetts
Employee Range89
Year Founded2010
Last FundingSep 5, 2024

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