Ateios Systems has closed $7.25 million in Series A funding to scale production of its next-generation lithium-ion battery electrodes and expand supply to global battery manufacturers. The round was led by TitletownTech, with participation from existing investors Elevate Ventures, VisionTech Partners, Good Growth Capital, Lateral Capital, Techstars, and Keshif Ventures, as well as new investors JHH Ventures, Stonecast Ventures, Zaka Ventures, Carat Venture Partners, and E8 Angels.
As global demand for lithium-ion batteries continues to surge, Ateios’ high-speed electrode manufacturing lines, powered by the company’s solvent-free RaiCure™ electron-curing platform, are enabling battery manufacturers to modify existing assembly lines to qualify RaiCore™ electrodes toward gigawatt-hour production.