Tech | Newberry, Indiana
Ateios Raises $1.25 Million in Seed Funding for flexible, Paper-Thin Customizable Batteries
Ateios, a developer of the world’s first flexible, paper-thin customizable battery, closed an over-subscribed, $1.25 million Series Seed financing round, led by Good Growth Capital. Ateios’ manufacturing process is 10 times faster than existing battery manufacturing and is only one fifth of the cost. The technology is extremely useful in small, flexible electronics applications that need such batteries. Now such devices can be more readily created now that they have a power source.