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By Shane Lasley
Metal Tech News 

Ambri funding meets scale of battery tech

Raises $144M to advance antimony liquid-metal batteries Metal Tech News – August 11, 2021

 

Last updated 7/12/2022 at 12:39pm

Ambri MIT Japan Energy Fund Reliance Industries funding Paulson & Co.

Ambri Inc.

Stainless steel tanks are used to hold the anode and cathode materials of Ambri batteries, which are molten once the operating temperature of around 930 degrees F is reached.

Ambri Inc., which is advancing antimony-based liquid-metal battery technology developed at the Massachusetts Institute of Technology, has secured a $144 million financing to commercialize and grow its daily cycling, long-duration battery technology, and to build a domestic manufacturing facility.

This latest round of financing announced by the company on Aug. 9 was led by strategic investors R...



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