Battery Tech Startup Lohum Making Waves with $54 Million Series B Funding

March 17, 2024, 9:31 pm
LOHUM
LOHUM
Location: United States, California, Santa Monica
Employees: 11-50
Founded date: 2017
Total raised: $61M
Lohum, a battery tech startup, has secured a whopping $54 million in a Series B funding round, signaling its ambition to dominate the market. The funding, led by Singularity Growth and other venture firms, will fuel the company's expansion plans and scale up its recycling operations across India and beyond. With a focus on sustainable energy transition materials, Lohum is set to make a significant impact in the global market.