H.C. Starck Tungsten Powders (HCS), a wholly owned subsidiary of Masan High-Tech Materials ("MHT"), announced the signing of definitive agreements to invest £45m (approx. €52m) into Nyobolt Limite .
UK startup Nyobolt has raised €59m ($59m) to build a factory for its tungsten-based lithium ion fast charging battery cells. The majority of the Series B funding comes from H.C. Starck Tungsten Powders (HCS), a subsidiary of Masan High-Tech Materials (MHT), which supplies tungsten for the anode in the battery cell. HCS is investing £45m […]
Nyobolt, which spun out of the Yusuf Hamied Department of Chemistry in 2016 and was co-founded by Professor Dame Clare Grey DBE FRS and CEO Dr Sai Shivareddy,