From: Mercom Capital Group
NanoGraf, a battery materials company with patented silicon-anode technology, has raised $65 million in a Series B funding round. The funding round was co-led by Volta Energy Technologies and CC Industries. With the additional funding, NanoGraf plans to accelerate the development of its advanced battery technologies and expand its production capabilities to meet the increasing demand for high-performance batteries in various industries.
Toyota Tsusho Corporation, the trading arm of the Toyota Group, inked an agreement with Japan-based renewable energy developer SB Energy, a subsidiary of SoftBank Group, to acquire an 85% stake in the latter. The transaction will help the clean energy businesses of the…