According to filings with the U.S. Securities and Exchange Commission, Nuvvon is raising up to $10,301,839.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Simon Madgwick played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Nuvvon
Nuvvon has developed novel solid polymer electrolytes and truly solid-state batteries. This is the beginning of a roadmap to remove resource constrained minerals from battery cells. Starting with highly stable solid polymer electrolytes, the near-term deliverable is truly solid-state cells, then we open the door to lower cost and more abundant cathode and anode materials. We will define new limits as costs are reduced and energy density is increased. Solid state batteries, Quite simply, years ahead.

To learn more about Nuvvon, visit http://nuvvon.com/

Contact:
Simon Madgwick, Chief Executive Officer
609-499-3600
https://www.linkedin.com/in/simon-madgwick-856a6056/

SOURCE: http://www.intelligence360.io
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