Sodium-ion battery producer Natron, a Stanford spinout, has picked up corporates ABB and Chevron in a round bringing its lifetime funding to more than $70m.

Natron Energy, a US-based advanced battery technology spinout of Stanford University, raised $35m yesterday in a series D round co-led by ABB Technology Ventures, the strategic investment arm of power and automation technology producer ABB. Corporate-backed battery technology fund Volta Energy Technologies and venture capital firm NanoDimension Capital co-led the round, which also included oil…

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