ChipsEU-Startupsabout 2 hours ago
Nexeon secures €116.7M with National Wealth Fund backing
3 min read
Nexeon, an Oxfordshire-based silicon battery materials developer, closed a €116.7 million investment round. The National Wealth Fund committed €61.4 million, joined by Korea Development Bank and Honda Xcelerator Ventures. The capital will expand domestic operations, strengthen the UK battery supply chain, and create jobs.
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