University of Cambridge technology spin-out Zetta Genomics announces that is has raised £2.5 million in new seed funding. The successful round secures leading global Venture Capital (VC) investment in the company’s XetaBase platform – a transformational genomic data management technology that powers the discovery .
Battery material company Nyobolt raises $10m Nyobolt, the Cambridge-based battery materials company, which is developing a new category of ultra-high power technology, has secured $10 million in Series A funding.
Led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors, the funding will be used to expand the company globally, build new facilities, and grow the engineering and operational teams.
Nyobolt (formerly CB2Tech) developed out of research at the University of Cambridge led by battery materials expert, Professor Clare Grey, and Dr. Sai Shivareddy. The company is rapidly expanding its global technical and commercial presence, with teams in the UK, the US and Asia, with decades of experience at Tesla, Samsung, Dupont and Dyson.