Investors: Not specified
<cite index="9-1">Grid storage startup Peak Energy is raising an $80 million Series B at a $475 million pre-money valuation</cite>, developing low-cost sodium-ion battery systems for grid-scale energy storage.
Grid storage startup focused on sodium-ion batteries raised Series B to build a battery factory in California.
Investors: GM Ventures
GM Ventures invests in Peak Energy to develop sodium-ion battery cells for grid storage, with prototype production at Warren, Michigan facility by end of 2026.
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