Founded Year

2010

Stage

Series H | Alive

Total Raised

$253.83M

Valuation

$0000 

Last Raised

$87M | 7 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+6 points in the past 30 days

About 24M Technologies

24M Technologies focuses on the technology sector, specifically in the area of energy storage. The company's main offering is a revolutionary lithium-ion battery cell manufacturing process that aims to provide a simpler, more reliable, and safer production method. Its technology is primarily targeted at sectors such as electric mobility, aerospace, stationary power, and lead-acid replacement. It was founded in 2010 and is based in Cambridge, Massachusetts.

Headquarters Location

130 Brookine Street

Cambridge, Massachusetts, 02139,

United States

617.553.1018

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ESPs containing 24M Technologies

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

The grid storage providers market offers energy storage solutions that promote grid stability, renewable source integration, and demand response strategies. These providers focus on low-cost, long-duration storage technologies with high energy density and efficiency. Their offerings include modular storage systems and advanced vanadium redox battery solutions with renewable energy and microgrid ap…

24M Technologies named as Challenger among 15 other companies, including Fluence, Eos Energy Storage, and Powin.

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Research containing 24M Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned 24M Technologies in 3 CB Insights research briefs, most recently on Nov 7, 2024.

Expert Collections containing 24M Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

24M Technologies is included in 4 Expert Collections, including Auto Tech.

A

Auto Tech

3,978 items

Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.

U

Unicorns- Billion Dollar Startups

1,270 items

G

Grid and Utility

2,754 items

Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.

E

Energy Storage

5,350 items

Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.

24M Technologies Patents

24M Technologies has filed 161 patents.

The 3 most popular patent topics include:

  • electrochemistry
  • fuel cells
  • rechargeable batteries
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/28/2023

1/14/2025

Rechargeable batteries, Electrochemistry, Lithium-ion batteries, Battery types, Energy storage

Grant

Application Date

7/28/2023

Grant Date

1/14/2025

Title

Related Topics

Rechargeable batteries, Electrochemistry, Lithium-ion batteries, Battery types, Energy storage

Status

Grant

Latest 24M Technologies News

24M Named a Fast Company 2025 World’s Most Innovative Company

Mar 18, 2025

ORLANDO, Fla.--(BUSINESS WIRE)--International Battery Seminar – At this week’s global International Battery Seminar, 24M Technologies, Inc. announced it has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2025. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy. Alongside the World’s 50 Most Innovati

24M Technologies Frequently Asked Questions (FAQ)

  • When was 24M Technologies founded?

    24M Technologies was founded in 2010.

  • Where is 24M Technologies's headquarters?

    24M Technologies's headquarters is located at 130 Brookine Street, Cambridge.

  • What is 24M Technologies's latest funding round?

    24M Technologies's latest funding round is Series H.

  • How much did 24M Technologies raise?

    24M Technologies raised a total of $253.83M.

  • Who are the investors of 24M Technologies?

    Investors of 24M Technologies include KYOCERA, Asahi Kasei, Lucas TVS, Nuovo+, Dai Nippon Printing and 12 more.

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