Liquid Metal Battery secures $15m in Series B round
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05/24/2012 10:15 AM
Liquid Metal Battery Corp. announced today it has raised an additional $15 million in funding, completing its Series B round.
The round was led by Khosla Ventures. The company’s Series A round investors, Bill Gates of Microsoft fame and the energy company Total, fully participated in this Series B round, Liquid Metal Battery Corp. said.
The Cambridge company is working on commercializing a new battery technology that seeks to transform grid-scale electricity storage.
Chris Reidy can be reached at reidy@globe.com.
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