Prieto Battery receives investment for commercialisation of 3D lithium-ion batteries
Strategic investment from Stanley Ventures
US-based Prieto Battery has received a strategic investment from Stanley Ventures, the newly formed venture arm of Stanley Black & Decker, towards commercialisation of Prieto’s 3D lithium-ion battery technology. Dr. Amy Prieto, CEO of Prieto Battery, said, “This investment from Stanley Black & Decker is an important step toward bringing Prieto’s innovative battery technology to market. Securing strategic partnerships has been a focus for us, both as a way to capitalize our company and as a way to define the markets where our battery technology can demonstrate a competitive advantage.”
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