Private Equity Firms Investing in Battery Companies
Private equity firms currently hold more than 40 portfolio companies in the battery industry. These investments range from…
Lionano (Woburn, MA) manufactures proprietary cathode materials that improve energy density, cost, durability and safety of lithium ion batteries. The company’s other division develops solid state batteries.
September 2018 – Lionano completed a $22 million Series B financing round led by WAVE Equity Partners, Helios Capital Ventures and NXT Ventures.
EaglePicher Technologies (St. Louis, MO) develops specialized batteries and advanced power management systems for defense, aerospace and medical applications.
March 2018 – Vectra Co., a portfolio company owned by certain investment funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO), completed the sale of its EaglePicher Technologies business to affiliates of GTCR LLC.
…to Battery Distributors: