Announced
Completed
Financials
Tags
Completed
Taiwan
Private
Acquisition
consumer electronics
Minority
Electrical Components
Private Equity
Friendly
Cross Border
battery technology
Venture Capital
Synopsis
Private equity firms New Epoch Capital, Primavera and SBCVC led a $326m Series E round in ProLogium Technology, a solid-state battery maker. "SBCVC has been investing in ProLogium Technology since 2012 and has seen ProLogium through its technical advances along the way. Based on its core technologies, ProLogium has made technological breakthroughs in multiple dimensions and reached maturity in its business model. More than ever, we are convinced the company will achieve great success in the EV battery space. ProLogium's innovative core technologies will ensure battery safety and lead the global battery industry revolution," Chauncey Shey, SBCVC Managing Partner.
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