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Epsilon Carbon expects to sign battery anode supply deals in 6 months | Mint

LivemintLivemint · 9m ago
Epsilon Carbon expects to sign battery anode supply deals in 6 months | Mint
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Epsilon Carbon Pvt Ltd's subsidiary, Epsilon Advanced Materials Pvt Ltd, expects to sign offtake agreements for lithium-ion cell anode material within the next six months for its planned US and Indian manufacturing units. The company has already obtained customer qualification for commercial production and signing take or pay deals will be the final step before construction begins on the plants. Epsilon aims to establish two 30,000 tonnes-per-annum capacity plants, the largest facilities for anode material outside of China and the first plant to supply anode material at scale in India. The US plant will cater to the American market, while the Indian plant will initially focus on exports.

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Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures

EntrackrEntrackr · 2m ago
Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures
Medial

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact. Shashank Pathak 05 May 2025 11:12 IST Follow Us New Update Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact, Supermorpheus, and returning investor Cocoon Capital have also participated. The total funding raised by the Bengaluru-based startup now stands at $4.02 million. The proceeds will be used to scale up manufacturing and expand its team. Founded in 2019 by Animesh Kumar Jha, Volt14 focuses on developing silicon-based anode materials for lithium-ion batteries. It has also developed an in-house cylindrical battery cell format demonstrating energy density enabled by its silicon anode. Volt14 claims that its technology increases silicon content in anodes while maintaining performance levels and is currently being evaluated by multiple battery cell manufacturers. According to market research, the lithium-ion battery sector is projected to exceed $300 billion by 2034, driven by electric vehicle adoption and energy storage expansion. Blume Ventures, the lead investor in this round, is also one of the early backers of Battery Smart, which is the most funded startup in the space.

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