“All Polymer Battery” Startup APB Closes JPY8Bn Financing

  • 2020/03/04 News

Sanyo Chemical Industries, Ltd. (Kyoto, Japan, “Sanyo Chemical”) announced today its subsidiary; APB Corporation (“APB”), a pioneer in development of next‐generation lithium‐ion batteries called “All Polymer Battery,” has raised approx. JPY 8 Bn (approx.USD 80 Mn) from a group of investors including JFE Chemical Corporation, JXTG Innovation Partners Godo Kaisha (a corporate venture capital of JXTG Holdings, Inc.),Keio Innovation Initiative, Nagase & Co., Ltd., Obayashi Corporation, Teijin Limited, and Yokogawa Electric Corporation (in alphabetical order).


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