Israeli Battery Manufacturer Addionics Closes $27 Million in Series A Funding

The company plans to use the new funds to scale up the development of its next-gen batteries

January 30, 2022

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Addionics, an Israel-based chemistry-agnostic battery technology company, raised $27 million in a Series A funding round. The funding round was led by Deep Insight, a deep tech investment firm founded and backed by Jeff Horing, the founder of Insight Partners, together with Catalyst Fund, Delek Motors, and Dr. Boaz Schwartz.

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