Ingevity completed a $60m investment in Nexeon.

Ingevity, a provider of specialty chemicals, high-performance carbon materials and engineered polymers, completed a $60m investment in Nexeon, a developer of silicon anode battery technology. “Today’s announcement marks an important milestone in our company’s history, and underscores Ingevity’s long-term vision for growth and commitment to exploring value-added applications for our activated carbon in expanding markets like EVs. Nexeon has established itself as an innovation leader within what will likely be a rapidly growing space for years to come, and we are excited to partner with them to advance their game-changing patented technologies," John Fortson, Ingevity President & CEO.