Prieto Battery has filed a notice of an exempt offering of securities to raise $8,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Prieto Battery is raising $8,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Michael Rosenberg 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 Prieto Battery
Prieto Battery, Inc. is an advanced battery technology that is focused on commercializing a patented Lithium-ion battery technology that delivers transformational performance at a competitive cost using non-toxic materials with the ability to customize shapes. Prieto Battery is not your typical battery startup. Prieto Battery was founded by Dr. Amy Prieto who driven by her interest in research, science, and discovery believes there is a better way to power our lives. The strategy from day one has been to surround the invention with a diverse and talented team focused on the goal of creating the worlds most advanced rechargeable battery. A team inspired by innovation and motivated by the challenges that inevitably come up along the way. Prieto Battery is not limited by the traditional incremental approach to battery design which focuses on improving one of the three key elements of the existing two-dimensional, acid-based batteries an anode, a cathode, and a solid or liquid that separates the two. Conversely, Prieto Battery started with a vision of the ideal solution and worked back from there. The result: a three-dimensional battery architecture that charges faster, lasts longer, and is better for the environment. Today, we are on the threshold of a major breakthrough. As a result of years of research, experimentation, and perseverance, we believe the Prieto Battery will be commercialized within the next several years.
To learn more about Prieto Battery, visit http://prietobattery.com/
Contact:
Michael Rosenberg, Chief Executive Officer
303-408-4575
https://www.linkedin.com/in/mikerosenbergdenverco
SOURCE: http://www.intelligence360.io
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