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UK: Axeon attracts new investment

Axeon, the supplier of lithium-ion batteries for EVs, power tool and e-bike applications, reported on 9 March that it had raised £3.5m (US$5.6m) to support its next development phase. The investment is in the form of new equity, through preference shares with a redemption date of October 2015.

Axeon, the supplier of lithium-ion batteries for EVs, power tool and e-bike applications, reported on 9 March that it had raised £3.5m (US$5.6m) to support its next development phase. The investment is in the form of new equity, through preference shares with a redemption date of October 2015.

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https://www.automotiveworld.com/articles/92515-uk-axeon-attracts-new-investment/

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