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Battery Startup IBC Raises $35 Million to Fund Factory in Bengaluru

The company aims to start battery production in Bengaluru by 2025

January 18, 2024

/ Arshreet Singh
/ Energy Storage, Finance and M&A
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International Battery Company (IBC), a lithium-ion battery startup, raised $35 million (₹2.91 billion) in a pre-series A round led by RTP Global, a venture capital firm based in Bengaluru, and other Korean and U.S. investors.

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Arshreet Singh

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