clock menu more-arrow no yes mobile

Filed under:

Amprius Raises $30M From SAIF, Kleiner and Others

Advanced battery maker raises funds to commercialize its technology.

Amprius, which manufactures high-capacity lithium-ion batteries, has raised $30 million in a Series C funding round led by SAIF Partners, a private equity firm in China. All of the Sunnyvale company’s previous investors also participated, including Trident Capital, VantagePoint Capital Partners, IPV Capital, Kleiner Perkins Caufield & Byers and Stanford University, which originally developed the technology. Amprius will use the funds to commercialize its existing batteries and develop its technology.

This article originally appeared on Recode.net.

Sign up for the newsletter Today, Explained

Understand the world with a daily explainer plus the most compelling stories of the day.