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VinFast led a $80m series D funding round in StoreDot.

Synopsis

VinFast, a private automotive company, led a $80m series D funding round in StoreDot, a developer of lithium-ion batteries for electric vehicles, with participation from bp ventures and Golden Energy. "This strategic round of funding, with principal investors coming from leading automotive, energy and technology companies, is a huge vote of confidence in StoreDot, its XFC battery technologies, our long-term product roadmap and our world-class technology and innovation that are all aimed to solve the Range Anxiety of EV drivers," Doron Myersdorf, StoreDot CEO.

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