Leyden Energy Closes on $20M
Leyden Energy, a maker of lithium-ion batteries for the consumer electronics, energy storage and electric vehicle markets, has closed on $20 million in Series B financing led by New Enterprise Associates. Lightspeed Ventures, Sigma Partners and Walden International also joined in the round. The company will use the cash infusion to expand production of its suite of batteries, increase company staff and fund its future development of advanced battery technologies.
3 August 2011•3 mins read
