ACT-ion Battery Technologies Closes $4 Million Pre-Series A Extension, Bringing Total Round to $11.5 MillionDALLAS, Sept. 04, 2025 (GLOBE NEWSWIRE) -- ACT-ion Battery Technologies, Inc. ("ACT-ion"), a pioneer in clean cathode active material (CAM) manufacturing, today announced the successful closing of a $4 million extension to its Pre-Series A funding round. The extension was led by prominent South Korean financial institutions Kyobo Life Insurance Group and KB Investment, bringing the total capital raised to $11.5 million.
ACT-ion announces Anthony Thurston as Chief Operating OfficerDALLAS, Feb. 19, 2025 (GLOBE NEWSWIRE) -- ACTion Battery Technologies, Inc. (“ACT-ion”) announced the appointment of Anthony Thurston as Chief Operating Officer. Thurston has decades of experience working with diverse cathode active materials (CAM) including multiple technical leadership positions at Tesla, BASF, and Apple. The move comes as the CAM innovator accelerates commercialization of its leading manufacturing process.
ACT-ion Raises $7.5 million in Pre-Series A Round Led by BASF Venture CapitalDALLAS, Feb. 10, 2025 (GLOBE NEWSWIRE) -- ACT-ion Battery Technologies, a startup in the field of lithium ion battery cathode active materials (CAM), announced today the successful closing of its Pre-Series A funding round. Founded in 2019, ACT-ion has developed both an efficient and cost-effective means to produce single crystalline cathode active materials. This chemistry agnostic process addresses a critical challenge in the lithium-ion battery value chain: the need to both reduce CAM production costs and increase production throughput.
