Liquid Metal Battery Secures $15,000,000 Series B Financing Round

  • Feed Type
  • Date
    5/24/2012
  • Company Name
    Liquid Metal Battery
  • Mailing Address
    237 Putnam Avenue Cambridge, MA 02139
  • Company Description
    Liquid Metal Battery Corporation (LMBC) is an early-stage company working to develop and commercialize a new battery technology that will revolutionize grid-scale power storage. Our battery has the potential to cost significantly less than existing batteries.
  • Website
    http://www.lmbcorporation.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The bulk of the development work left to do at Liquid Metal Battery will be focused on getting the cost of the battery down and figuring out the optimal size and shape.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Undisclosed

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