University of Cambridge has taken part in a $13.9m series A round for its spinout Echion Technologies.

Echion Technologies, a UK-based developer of materials for lithium-ion batteries based on research at University of Cambridge, has raised £10m ($13.9m) in a series A round backed by the institution. Niobium products supplier CBMM and BGF co-led the round, which additionally included Origin Capital and unnamed existing backers. Echion Technologies is working on materials that…

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