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CALGARY, Alberta, March 18, 2025 (GLOBE NEWSWIRE) -- Summit Nanotech Corporation (“Summit”), a leader in sustainable lithium extraction technology, announced today that it has successfully closed US$25.5 million in funding led by Evok Innovations and BDC Capital’s Climate Tech Fund, with participation from Xora Innovation, Capricorn Investment Group, Mitsui Kinzoku – SBI Material Innovation Fund, and LG Technology Ventures.

Summit Nanotech Corporation Closes US$25.5M Funding Round to Accelerate Commercialization of their Direct Lithium Extraction Technology

DALLAS, Feb. 10, 2025 (GLOBE NEWSWIRE) -– ACT-ion Battery Technologies, a startup in the field of lithium ion battery cathode active materials (CAM), announced today the successful closing of its Pre-Series A funding round. Founded in 2019, ACT-ion has developed both an efficient and cost-effective means to produce single crystalline cathode active materials.  This chemistry agnostic process addresses a critical challenge in the lithium-ion battery value chain: the need to both reduce CAM production costs and increase production throughput.

ACT-ion Raises $7.5 million in Pre-Series A Round Led by BASF Venture Capital

Cleaning up the grid will require installing a lot of batteries to store renewable energy. Startup Element Energy has delivered a powerful proofpoint for a new way to do that more cheaply without sacrificing safety.

The biggest grid storage project using old batteries is online in Texas

The latest funding will help Cresta double down on its existing product suite, scale its go-to-market efforts, and rapidly develop the next generation of virtual agents

Cresta Closes $125M Series D to Accelerate Adoption of Human-Centric AI in the Contact Center

These are independent reviews of the products mentioned, but TIME receives a commission when purchases are made through affiliate links at no additional cost to the purchaser.

Goggle-Free Immersion

Recognition as one of 200 world-changing innovations validates how LiGas can improve the performance, safety, and cost of lithium-ion batteries

South 8’s LiGas® Liquefied Gas Electrolyte Named to TIME’s List of the Best Inventions of 2024

General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells.

GM partners with startup Forge Nano to improve EV battery life, performance, and safety

Hume’s EVI 2 is here with emotionally inflected voice AI and API

Who needs GPT-4o Advanced Voice Mode?

SES AI Collaborates with NVIDIA, Crusoe, and Supermicro on AI for Science Initiative to Accelerate Material Discovery in Electric Transportation

ZK rollups provide tangible benefits in the form of transaction throughput and data confidentiality, these L2 solutions are more of a foundational technology than a fleeting trend. Furthermore, as the technology behind these L2 solutions matures and more projects adopt them, the Web3 space will likely see lasting improvements in blockchain performance and user experience.

ZK Rollups: A Foundational Technology

AI-powered battery management software pioneer Eatron Technologies secures millions in new funding to further accelerate its global growth

GamesBeat Next unites gaming industry leaders for exceptional content, networking, and deal-making opportunities. Join us on Oct 23-24 in San Francisco.

Jadu launches multiplayer AR mobile fighting game

THE GROWTH INDUSTRY CONFERENCE is Japan's largest hybrid global conference and community specializing in the growth industry.

Growth Industry Conference (GRIC) 2023 Speaker- Dong-Su Kim

Cutting-edge case studies from Japan and abroad

KEYNOTES & SESSIONS in 2023 GRIC

Inworld AI has raised $50 million funding from Lightspeed Venture Partners, bringing the valuation of the maker of an AI-based character engine for games to over $500 million.

Inworld AI raises $50M round at $500M valuation for AI game characters

LG’s IT arm taps Tiger Global-backed QuickNode for web3 pursuit

LG Summit on business strategy and investment trends, where business leaders from LG, venture capital investors, start-ups and industry experts gathered and share insights and explore the latest trends.

LG Open Innovation Summit 2023 Photo Gallery

The Israeli startup’s lactic acid and PLA bioplastic is made from 100% food waste, which is fermented using microorganisms that produce the lactic acid product, then separated via several purification steps.

TripleW raises $16.5 million Series B to produce lactic acid and bioplastic from food waste

- $100m Series C round led by Kindred Ventures, with significant participation by SK Networks, Microsoft, LG Technology Ventures, Volvo Cars Tech Fund, Top Tier Capital, Hudson Bay Capital, and Socium Ventures and existing investors Tiger Global, Qualcomm Ventures, Valia Ventures, Forerunner Ventures, Lachy Groom, and Sam Altman, Founder of OpenAI.

Humane raises $100m in Series C round as it builds device and services platform for the AI era

With new investors Corning, Gates frontier, LG Tech Ventures, NCSoft, and Otoy to scale SolidLight holographic systems

Light field lab closes $50 million series b with new investors corning, gates frontier, lg tech ventures, ncsoft, and otoy to scale solidlight holographic systems

Light Field Lab closes $50 million Series B with new investors Corning, Gates frontier, LG Tech Ventures, NCSoft, and Otoy to scale SolidLight holographic systems

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