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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. This latest funding round will enable Ambri to deliver commercial systems to customers, build its initial commercial-scale manufacturing plant, and continue technology development. Earlier post.)

Companies 210
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Luis Ortiz, LMBC’s President.

MIT 210
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MIT team calls initial performance results of magnesium-antimony liquid metal battery “promising”

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Luis Ortiz, are also founders of Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications. Sadoway (2012) Magnesium–Antimony Liquid Metal Battery for Stationary Energy Storage.

MIT 301