LiNova Energy Secures $15.8M Funding for High-Energy Batteries in EV, Aerospace, and Energy Storage Industries

LiNova Energy's Series A Funding

Key Highlights:

• Series A Funding: Raised $15.8 million in Series A funding.
• Investors: Catalus Capital, Saft (a subsidiary of TotalEnergies), Chevron Technology Ventures, and a syndicate of investors.
• Technology: Developed high-energy polymer battery technology for EV, Aerospace, and Energy Storage industries.

LiNova Energy's Target Market

• Electric Vehicle (EV) Manufacturers: LiNova's ultra-high-energy batteries cater to the growing demand for advanced battery solutions in the EV industry.
• Aerospace Industry: LiNova's batteries can be utilized in aerospace applications, providing high-energy storage solutions for aircraft and space vehicles.
• Energy Storage Sector: LiNova's batteries offer efficient energy storage solutions for various applications in the energy storage industry.

What LiNova Energy Needs to Buy

• Research and Development: Investments in research and development to further enhance their high-energy polymer battery technology.
• Manufacturing and Production: Scaling up operations to meet the increasing demand for their batteries.
• Commercialization: Accelerating the commercialization process to bring their innovative polymer cathode batteries to market.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.