UNIGRID, a provider of sodium-based battery solutions, raised $12 million in an oversubscribed Series A funding round. The round was Co-led by Transition VC and
![Sodium-ion Battery Startup UNIGRID Secures $12 Million](https://mercomcapital.com/wp-content/uploads/2023/12/Funding-and-MA-Roundup-Sonnedix-Secures-545-Million-Loan-Facility.png)
UNIGRID, a provider of sodium-based battery solutions, raised $12 million in an oversubscribed Series A funding round. The round was Co-led by Transition VC and
Bedrock Materials, a startup that designs and develops sodium-ion cathode materials, secured $9 million in seed funding. The round was led by Trucks Venture Capital,
Peak Energy, a sodium-ion battery manufacturer, has secured $10 million in a funding round led by Eclipse, with significant participation from strategic partner TDK Ventures.
Altris, a company that develops sodium-ion batteries, secured €4.8 million (~$5.2 million) in bridge financing from its current investors and employees. The funding will help