Battery startup South 8 Technologies raises USD12 million in Series A funding

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South 8 will use the funds to advance LiGas to power new range of electric batteries

US-based South 8 Technologies has closed a USD12 million Series A funding round, according to a press release published by the company on 26 April. The round was led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

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