BusinessPhoto: Mercom IndiaPeak Energy Raises $108M to Expand Sodium-Ion Battery Production
Peak Energy, a sodium-ion battery manufacturer, secured $108 million in an oversubscribed Series B funding round led by General Motors Ventures. The funds will support domestic manufacturing expansion, fulfill over $1 billion in existing customer orders, and enable entry into the data center market. Investors include Maverick Silicon, Infinite Capital, Eclipse, Xora Innovation, and LG Technology Ventures.
Mercom India·