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Solvay Ventures

Solid Power ‘to scale-up’ with investments boost

Wed, 09/19/2018 - 08:53 -- Hugh Finzel
Solid Power image

The venture capital arm of Belgium-based battery materials firm Solvay has made an equity investment in US-headquartered next-generation solid-state batteries developer Solid Power.

Solvay Ventures’ move came after Solid Power announced it had generated US$20 million in a Series A investment round, which drew funding from companies including Samsung, Hyundai cradle, Sanoh, and A123 Systems.

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