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24M Technologies logo — Reinventing Lithium-Ion Battery Cell Manufacturing

24M Technologies

Reinventing Lithium-Ion Battery Cell Manufacturing

Founded 2010 United States Cambridge, United States 97 employees Grant Total: $97.83M Energy, Transportation +1

General Information

Company Name 24M Technologies
Founded Year 2010
Location United States Cambridge, United States
Founders / Decision Makers
Team member
Employees 97
Industries Energy, Transportation, Energy Storage
Funding Stage Grant
Social

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About 24M Technologies

24M Technologies aims to revolutionize lithium-ion battery cell manufacturing to meet the increasing demand for affordable energy storage. The company's proprietary technology, the 24M SemiSolid™ and Unit Cell manufacturing platform, represents a significant breakthrough in the sector. By re-imagining traditional battery manufacturing methods and product design, 24M addresses the long-standing challenge of high costs while improving performance, safety, and recyclability of energy storage products. Headquartered in Cambridge, Mass and founded by leading figures in the battery industry, 24M has carved out a unique space within the Energy, Transportation, and Energy Storage sectors since its establishment in 2010. The recent $3.20M grant investment from ARPA-E on 10 January 2023 further underscores investor confidence in the company's innovative approach. For more information, visit www.24-m.com.

Taxonomy: Energy Storage, Battery Manufacturing, Lithium-Ion Technology, Grid Technology, Transportation Applications, SemiSolid™ Technology, Battery Technology, Innovative Manufacturing, Green Technology

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $3.20M 1
ARPA-E
10 Jan 2023
Series E $56.80M 6
Fujifilm Itochu Mirai Creation Fund
Fujifilm, Itochu +4
27 May 2021
Series D $21.83M 3
Itochu
Itochu, North Bridge Venture Partners & Growth Equity +1
17 Dec 2018
Grant Undisclosed -
04 Apr 2016
Series A $16.00M -
16 Aug 2010

24M Technologies Alternatives & Competitors

24M Technologies vs
Battrion
Battrion Switzerland

Battrion creates lithium ion battery tech to increase charging speed by improving electrode microstr...

Grant
11-50 employees
Energy, Manufacturing
24M Technologies vs
Gridtential Energy
Gridtential Energy United States

Clean power begins with a better battery. Greener, safer and lower cost than lithium-ion.

Convertible Note
18 employees
Energy, Renewable Energy
24M Technologies vs
Leclanché SA
Leclanché SA Switzerland

We are enabling the energy transition.

Post-IPO Debt
241 employees
Energy, Industrial

FAQ About 24M Technologies

Reinventing Lithium-Ion Battery Cell Manufacturing
24M Technologies was founded in 2010.
24M Technologies is headquartered in Cambridge, United States.
24M Technologies operates in Energy, Transportation and Energy Storage. Its work centres on Energy Storage, Battery Manufacturing, Lithium-Ion Technology and Grid Technology.
24M Technologies has approximately 97 employees.
24M Technologies has completed 5 funding rounds, raising a total of $97.83M. The latest funding stage is Grant.
Top alternatives and competitors to 24M Technologies include Battrion, Gridtential Energy, Leclanché SA, Spear Power Systems, Enerpoly. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
24M Technologies and Battrion are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for 24M Technologies, https://bouncewatch.com/company/24m-technologies, updated 20 May 2026. When citing, please name BounceWatch and link this page.

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