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iM3NY
About
iM3NY is a startup lithium ion battery cell manufacturing company with HQ and Gigafactory located in Endicott, NY.
- 11 - 50
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $100M
- Industries
- Battery,Clean Energy,CleanTech,Manufacturing
- Founded date
- Jan 1, 2018
- Number Of Employee
- 11 - 50
- Operating Status
- Active
iM3NY is a startup lithium ion battery cell manufacturing company with HQ and Gigafactory located in Endicott, NY. We are developing a cell manufacturing Gigafactory on Huron Campus, the birthplace of IBM.
We have a proprietary BMLMP cell chemistry that offers significant advancement over other phosphate based cell chemistries (for example LFP). The company has raised significant funding over 2020-22 and is fully funded for the completion of our first 1 gigawatt-hours per year (GWh/yr) Gigafactory, that will begin production during summer 2022. Future plans are to expand production capabilities to 32+ GWh over the next 8 years.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 19, 2022 | Debt Financing | $100M | 1 |
Aon plc
|
— | Detail |
| Apr 16, 2021 | Series A | $23.60M | 1 |
|
— | Detail |
| Jan 31, 2020 | Series Unknown | $8.90M | 1 |
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Aon plc
|
Yes | Debt Financing |
|
|
Yes | Series A |
|
|
Yes | Series Unknown |
