24M key facts
- Manufacturer of lithium-ion batteries designed to improve electric power systems' operational reliability, economics, and efficiency.
- 24M’s last known valuation is $1.3B.
- It has raised $526.2M; the latest was Later Stage VC ($87.0M) in Sep 2024.
- Notable investors include U.S. Department of Energy, CRV, Mirai Creation Capital, Arpa-E, North Bridge Venture Partners — 22 tracked in total.
- Status: Privately Held (backing).
Who backs 24M
22+- ·The complete investor list: 22 names
- ·Watch 24M: the Monday email on marks, rounds and moves
24M funding rounds
No funding rounds for 24M are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
24M valuation
24M's last known valuation is $1.3 billion. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.
24M investors
22 investors are on record for 24M, including U.S. Department of Energy, CRV, Mirai Creation Capital and Arpa-E.
About 24M
Manufacturer of lithium-ion batteries designed to improve electric power systems' operational reliability, economics, and efficiency. The company's batteries offer binder-free semisolid electrodes and unit cells, which eliminate the need for hydro or pyrometallurgical processes for battery recycling and help direct in-plant reuse of active material for end-of-life recycling, enabling clients to increase efficiency and save money.
- Sector
- Business Products and Services (B2B)
- HQ
- Cambridge, MA, United States
- Founded
- 2010
- Employees
- 202
- Website
- 24-m.com/
- Ownership
- Privately Held (backing)
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24M’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.