Sion Power Raises $75 Million in Series A Funding

Sion Power will use this new capital for technical and market validation of its technology

January 29, 2024

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Sion Power Corporation, a developer of batteries for electric vehicles, secured $75 million in Series A funding. The round was led by LG Energy Solution (the investment to be executed through LG Technology Ventures and Bricks Capital Management) and repeat participation from mathematician Jim Simons’ Euclidean Capital. The company also secured new investment from former Google CEO Eric Schmidt’s Hillspire.

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