Funding for battery supplier
NewsFrench battery start-up company WATTALPS has raised €11 million in Series A funding to further develop its modular and high-performance lithium-ion batteries featuring patented immersion cooling technology.
The International Development Finance Corporation (DFC), an agency of the US federal government, has agreed a loan of US$150M to fund the continuing expansion of Yilport’s activities at Ecuador’s Puerto Bolivar. This will be used to complete the expansion of existing infrastructure. JPMorgan Chase Bank has been mandated to oversee the transaction.
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