24M Completes $87 Million Series H Financing to Accelerate Product Commercialization

On September 5, 24M completed its $87 million Series H financing, with a post-investment valuation of $1.3 billion. This financing will help 24M accelerate the commercialization of its products and large-scale production. In addition, 24M has purchased and established a new R&D and pilot manufacturing plant in Rayong, Thailand, which can produce up to 100MWh of 24M semi-solid batteries.