Battery Tech Startup LOHUM Raises $54 Million in Series B

Wednesday, 13 March 2024, 08:32

LOHUM, a battery tech startup, has successfully raised $54 million in a Series B funding round led by Singularity Growth and other investors. The funding signifies strong investor confidence in LOHUM's innovative technology and growth potential in the energy storage sector. With this significant capital injection, LOHUM is well-positioned to accelerate its development efforts and expand its market presence, solidifying its position as a key player in the battery industry.
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Battery Tech Startup LOHUM Raises $54 Million in Series B

LOHUM Battery Tech Startup Raises $54 Million in Series B

LOHUM, a battery tech startup, has secured $54 million in its Series B funding round. The investment was led by Singularity Growth and other key investors, affirming the company's market potential and growth trajectory.

Key Highlights:

  • LOHUM raises $54 million in Series B funding.
  • Singularity Growth and other investors participate in the funding round.
  • The investment signals confidence in LOHUM's technology and market prospects.
  • LOHUM poised for growth and innovation in the energy storage sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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