We are very happy to announce that we have closed our seed round! With the help of JumpStart Ventures and the Advanced Manufacturing Fund as our lead, we doubled our original target and even finished the round oversubscribed (so it is actually a little more than $1M).
We have already been putting the funds to use building out our team, sampling new OctoLyte Z7 product, and scaling-up OctoLyte Z6. The timing is ideal since zinc batteries are starting to get significant customer and investor attention in the race to find the best lithium alternatives.
To read the full release click here.