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TIAA

Lead-acid bipolar firm ABC secures investment during Series B funding round

Thu, 10/15/2020 - 09:58 -- Paul Crompton

Bipolar lead-acid battery developer Advanced Battery Concepts (ABC) has secured investment from Nuveen, the $1 trillion global investment arm of asset management firm TIAA, during its Series B growth equity round.

The undisclosed sum will help ABC, which develops and licenses technology related to its bipolar architecture, to move to the next stage of growth and help it build relationships in ‘new markets and geographies’.

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