German battery maker Customcells has closed a Series A financing round for 60 million euros with investors that include VC World Fund, Abacon Capital, Vsquared Ventures and Porsche. The company plans to use the funds to expand activities in the electrification of air traffic, intensify R&D and further internationalize operations. Customcells, a spin-off of research… Read more »
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Dürr to supply Cellforce with specialized electrode coating process
The Dürr Group will supply German battery manufacturer Cellforce Group, a joint venture between Porsche and battery company Customcells, with electrode coating for high-performance battery cells. Dürr says its process for coating electrodes is unique, because the two sides are not coated one after the other, but simultaneously. This accelerates the process, increases precision and… Read more »