Chemical battery cell maker Rincell raises $1.2 M
Rincell Corporation , a San Francisco based advanced chemistry battery cell manufacturer founded by NRI entrepreneurs, has raised USD 1.2 million seed round investment led by US-based NextGen Battery Chem Ventures LLC, managed by venture capitalist Sandiip Bhammer.The new capital will allow the startup to get its silicon-graphite batteries ready for commercial production in calendar year 2024.
Want to receive such news items in your inbox? Click Here to sign up for a trial.