Volkswagen Group invested a nine-figure amount in 24M Technologies while SoftBank participated in a $100m series C round for Pixis.

Automotive manufacturer Volkswagen Group has acquired a 25% stake in US-based energy storage system developer 24M Technologies, investing an undisclosed nine-figure sum into the company’s series F round. Diversified trading group Itochu led a $56.8m series E round for 24M in May 2021 that included fellow corporates Fujifilm, Kyocera and Global Power Synergy. Pixis, the…

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