Funding to take TioTech to the next level secured
We have secured a 20 million seed round with several new investors coming aboard. This cash injection allows us to further develop and scale the production of our materials and build up our organisation towards delivering anode materials for high power batteries.
The electrification of heavy-duty, marine mobility and grid applications calls for new technologies offering fast-charging, improved safety and long lifetime, and we are gearing up to take our place in the battery value chain – as a supplier of profitable white (titania) powder. E24 has written a nice article about us and our plans for the future, read it here (Norwegian only):