Announced
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Synopsis
ArcTern Ventures, a climate tech fund, led a $17.5m Series A funding round in Liminal, a battery manufacturing intelligence company, with participations from Northvolt and Ecosystem Integrity Fund, Chrysalix Venture Capital, Good Growth Capital, University of Tokyo Edge Capital Partners, Volta Energy Technologies, Impact Science Ventures, and Helios Climate Ventures. "Our mission is to catalyze a clean energy future in which EVs are the default option for everyone. Our products help battery manufacturers hit their aggressive production volume and cost targets, while ensuring their cells meet stringent EV safety and performance requirements. As we deploy our first factory-integrated solutions, we are excited to be joined by top tier climate investors and one of the most promising global battery manufacturers. This syndicate demonstrates significant and accelerating progress towards our goal of facilitating a clean energy future,” Andrew Hsieh, Liminal CEO and Co-Founder.
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