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World Fund led a $62m round in Customcells.

Synopsis

World Fund, a venture capital company, led a $62m round in Customcells, a battery cell developer and producer, with participation from Abacon Capital, Vsquared Ventures and Porsche. "Our goal is to create and shape a new premium segment in the international battery cell market. This includes a next generation of battery cells that are tailor-made to meet the needs of our customers. Customcells is set to become a global player – a major premium brand in its own right in the global battery cell business," Dirk Abendroth, Customcells CEO.

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