ITIC and Solvay Ventures both took part in a round for the lithium-ion battery developer led by Fidelity affiliate Fine Structure Ventures.
US-based lithium-metal battery developer Sepion Technologies has completed a $16m series A round that included mutual insurer ITIC and Solvay Ventures, the strategic investment arm of chemicals producer Solvay.
The round was led by Fine Structure Ventures, a fund affiliated with investment and financial services group Fidelity, and also backed by 11.2 Capital, SV Pacific Ventures, Gaingels, Impact Science Ventures, Dolby Family Ventures, ACVC Partners, Alumni Ventures, VoLo Earth Ventures, Motus Ventures, Calm Ventures and Creative Ventures.
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