.
MergerLinks Header Logo

New Deal


Announced

Koch Strategic Platforms to invest $30m in Blue Current.

Financials

Edit Data
Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Acquisition

Domestic

semiconductor manufacturing

Pending

Private

Private Equity

Semiconductors

Friendly

United States

Minority

Synopsis

Edit

Koch Strategic Platforms, an investment company, agreed to invest $30m in Blue Current, which manufactures silicon elastic ceramic solid-state batteries for the new energy economy. "Customers want completely safe batteries with a big boost in capacity and performance. Through independent validation, we have demonstrated that our silicon elastic composite solid-state cells are resistant to fire and provide high energy density and long cycle life. Now we’re focused on scaling the technology and furthering innovations that improve system-level energy density. This is a critical enabler for our customers to build lighter and more space efficient electric vehicles and consumer electronics," Ben Eiref, Blue Current CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US