Search company, investor...

Founded Year

2010

Stage

Series H | Alive

Total Raised

$253.83M

Valuation

$0000 

Last Raised

$87M | 6 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-7 points in the past 30 days

About 24M Technologies

24M Technologies focuses on the technology sector, specifically in the area of energy storage. The company's main offering is a revolutionary lithium-ion battery cell manufacturing process that aims to provide a simpler, more reliable, and safer production method. Its technology is primarily targeted at sectors such as electric mobility, aerospace, stationary power, and lead-acid replacement. It was founded in 2010 and is based in Cambridge, Massachusetts.

Headquarters Location

130 Brookine Street

Cambridge, Massachusetts, 02139,

United States

617.553.1018

Loading...

ESPs containing 24M Technologies

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

The grid storage providers market offers energy storage solutions that promote grid stability, renewable source integration, and demand response strategies. These providers focus on low-cost, long-duration storage technologies with high energy density and efficiency. Their offerings include modular storage systems and advanced vanadium redox battery solutions with renewable energy and microgrid ap…

24M Technologies named as Highflier among 15 other companies, including Fluence, Eos Energy Storage, and Powin.

Loading...

Research containing 24M Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned 24M Technologies in 3 CB Insights research briefs, most recently on Nov 7, 2024.

Expert Collections containing 24M Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

24M Technologies is included in 4 Expert Collections, including Auto Tech.

A

Auto Tech

3,977 items

Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.

U

Unicorns- Billion Dollar Startups

1,258 items

G

Grid and Utility

2,755 items

Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.

E

Energy Storage

5,352 items

Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.

24M Technologies Patents

24M Technologies has filed 147 patents.

The 3 most popular patent topics include:

  • electrochemistry
  • fuel cells
  • rechargeable batteries
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/15/2023

11/12/2024

Battery charging, Rechargeable batteries, Energy storage, Capacitors, Battery electric cars

Grant

Application Date

11/15/2023

Grant Date

11/12/2024

Title

Related Topics

Battery charging, Rechargeable batteries, Energy storage, Capacitors, Battery electric cars

Status

Grant

Latest 24M Technologies News

24M Technologies reports battery separator innovations that can reduce battery fires

Nov 5, 2024

24M Technologies reports battery separator innovations that can reduce battery fires Posted Lithium-ion battery technology developer 24M has released new testing data for its Impervio battery separator. The testing was related to the issue of battery-fire risk in EVs, energy storage systems and consumer applications. The company’s Impervio battery separator was designed to reduce the risk of overcharging that can cause metallic dendrite formation and internal shorts, which can result in a battery fire and/or explosion. According to 24M, Impervio obstructs dendrite propagation and prevents thermal runaway by monitoring the cell’s electrochemistry and enabling the implementation of a failsafe in the event of a potential short. 24M’s lab tests compared performance between a 10 Ah high-nickel NMC/graphite pouch cell with an Impervio separator and another off-the-shelf nickel NMC/graphite pouch cell with a conventional separator. Both were fully charged and then advanced to 100% overcapacity. The cells with Impervio did not short or overheat with a full hour of overcharge, but the off-the-shelf cells overheated from dendrite-caused micro shorts within 15 minutes of overcharging and exploded into flames after 38 minutes. The company expects to bring Impervio to market in 2025 or 2026. “Battery safety is a major roadblock to the widespread adoption of EVs,” said Naoki Ota, 24M’s President and CEO. “A sustainable energy future is only possible with innovations like Impervio, which can help prevent battery fires and create new opportunities for battery innovation.”

24M Technologies Frequently Asked Questions (FAQ)

  • When was 24M Technologies founded?

    24M Technologies was founded in 2010.

  • Where is 24M Technologies's headquarters?

    24M Technologies's headquarters is located at 130 Brookine Street, Cambridge.

  • What is 24M Technologies's latest funding round?

    24M Technologies's latest funding round is Series H.

  • How much did 24M Technologies raise?

    24M Technologies raised a total of $253.83M.

  • Who are the investors of 24M Technologies?

    Investors of 24M Technologies include KYOCERA, Dai Nippon Printing, Nuovo+, Mitsui O.S.K. Lines, Lucas TVS and 12 more.

Loading...

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.