Seeo secured $17m in a round that will support commercialisation of its lithium polymer batteries for use in electric vehicles.

US-based advanced battery manufacturer Seeo has raised $17m in a series E round that included Samsung Ventures, the corporate venturing unit of electronics conglomerate Samsung.

Venture capital firms Khosla Ventures and GSR Ventures also invested in the round, after both contributing to Seeo’s $15m series D round in 2011. The company has now raised $43.5m in total.

Seeo produces lithium polymer batteries with a high energy density for use in electric vehicles. It currently manufactures batteries with an energy density…