disruptive improvements in cost, weight, space, recyclability, and safety
24M is solving the grand challenges for a better energy future by revolutionizing the lithium-ion cell manufacturing process and platform. We provide a simpler, more reliable, safer manufacturing process that accelerates production while lowering the costs of existing and next-generation cell technology for electric mobility, aerospace, stationary power and lead-acid replacement opportunities.
Invented in the MIT lab of Dr. Yet-Ming Chiang, SemiSolid electrodes use no binder, mixing electrolyte with active materials to form a clay-like slurry. The unique slurry allow us to create thick electrodes with less volume, mass and cost while enabling a simpler manufacturing process. It’s simpler and safer with more reliable performance.
24M Raises $56.8M to Commercialize SemiSolid Battery Technology
24M has raised a $56.8 million Series E to commercialize its simple, capital-efficient, low-cost SemiSolid™ manufacturing process and expand its technology development programs for grid storage and electric vehicle applications.