24m Technologies

24m Technologies

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

Last Round

Series H

Sep 5, 2024

Est. Valuation

$1.3B

Total Funding Raised

$248.8M

Company Overview

24M is a clean energy technology company that manufactures lithium-ion batteries aimed at enhancing the operational reliability, economics, and efficiency of electric power systems through innovative binder-free semisolid electrodes and unit cells that facilitate recycling and material reuse.

Sector

Energy & Sustainability

Verticals

Energy Storage, Electric Vehicles, Advanced Materials, Clean Manufacturing, Circular Economy

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

SemiSolid batterybattery technology licensingbattery manufacturinglithium-ion batteryelectric vehicle batterynext-gen batterygrid energy storagelow-cost batteryfast-charging batterybattery safetycell-to-pack technologyelectrode-to-packETOPbattery IPbattery recyclingbattery separatorbattery electrolyte

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24m Technologies Comps

Public and private peers based on 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

RoundDateAmount RaisedValuationInvestorsSources
Series HSep 5, 2024
GrantJan 23, 2023
GrantJan 19, 2022
Series FJan 19, 2022
Series EMay 17, 2021
Series D
Dec 17, 2018

Key People

Founding team and executive leadership

Richard Chleboski

Chief Financial Officer

Executive Team

24m Technologies Investors

Notable investors and investment history

InvestorRounds
MOL SwitchSeries H
Mirai Creation Fund IISeries E
Asahi Kasei Corporate Venture CapitalSeries H
Shumway CapitalSeries C
Dai Nippon PrintingSeries H
CRVSeries B, Series A
DOEGrant

24m Technologies Filings

SEC and related filings with document metadata.

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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 Range135
Year Founded2010
Last FundingSep 5, 2024

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