Newberry-based startup Ateios has received $1.25 million in Series Seed funding, led by venture capital firm Good Growth Capital in South Carolina. The battery startup says it has developed the world's first customizable, thin-film battery.
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Ateios says its team has been working with Good Growth Capital virtually for the last six months to establish the relationship. Other investors include San Diego-based Keshif Ventures, Indianapolis-based Elevate Ventures, and HG Ventures, also in Indianapolis, among others. The company says its patent pending manufacturing technique for thin-film batteries makes its manufacturing process 10 times faster and one-fifth of the capital cost compared to current battery manufacturing.
Battery startup receives seed funding boost
https://www.wishtv.com/news/inside-indiana-business/battery-startup-receives-seed-funding-boost/
Oct 16, 2020
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