FundedIQ
Consumer Electronics

AM Batteries: Funding, Investors & Team (Sep 2026)

AM Batteries was established in Chelmsford, Massachusetts in 2016 and specializes in producing Li-ion batteries through a solvent-free electrode manufacturing process.

am-batteries.com LinkedIn Chelmsford, United States 11-50 employees
Total raised
$56.1M
Rounds
4
Latest
Undisclosed round
Jul 2024

AM Batteries has raised $56.1M across 4 funding rounds on record, the most recent an undisclosed round of $2.2M announced in Jul 2024.

That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.

AM Batteries Company Profile and Key Stats

Total funding raised
$56.1M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$2.2M in Jul 2024
Employees
11-50
reported band
Headquarters
Chelmsford, United States

Latest funding round on record: Jul 2024.

AM Batteries Funding Rounds

Date
Round
Amount
Undisclosed round
$2.2M
Undisclosed round
$26.9M
Series A
$25.0M
Undisclosed round
$2.0M

AM Batteries raised $2.0M in an undisclosed round announced in Jan 2022.

9 months later, a Series A of $25.0M was announced in Oct 2022.

1.1 years later, an undisclosed round of $26.9M was announced in Nov 2023.

8 months later, an undisclosed round of $2.2M was announced in Jul 2024.

AM Batteries Founders and Leadership Team

Name
Role
Contact
Heng Pan
Founder
Locked
Yan Wang
CEO

Contact details for the AM Batteries team: 1 of 2 have an email address on file.

Start 14-day free trial →

AM Batteries Funding Compared to Other Consumer Electronics Startups

Segment
Companies
Median round

AM Batteries' latest round of $2.2M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like AM Batteries in Consumer Electronics and Chelmsford

Companies Similar to AM Batteries

We're building infrastructure that oversees the storage of all physical goods in the future, using software…

Undisclosed round $20.0M

GuRu Wireless, a company located in Pasadena, California, is funded by venture capitalists. It was founded as…

Undisclosed round $4.1M

Efficient is a computer architecture and software stack company that creates a general-purpose processor for…

Undisclosed round $93.1M

Etched.ai is the creator of Sohu, an AI chip specifically designed for transformer models. By integrating the…

Series D $700M
Series C $250M

Point2 Technology develops a dielectric waveguide for high speed interconnect for both datacenter…

Series B $136M

Copper is a startup that specializes in battery solutions.

Undisclosed round $9.8M

The team at Eliyan has developed high-quality semiconductors for enterprise and server use. Comprised of…

Series C $145M

Sila Nanotechnologies is a company that produces high-energy lithium-ion batteries for electric vehicles and…

Private Equity $300M

BRINC is an American technology company building a new class of drones to keep people safe in dangerous…

Undisclosed round $125M

Viken Detection is a company that specializes in research and developing technology related to X-ray physics…

Private Equity

D-Wave provides development and delivery of quantum computing systems, software and services, and is the…

Undisclosed round $1.6M

AM Batteries Funding FAQs

What does AM Batteries do?

AM Batteries was established in Chelmsford, Massachusetts in 2016 and specializes in producing Li-ion batteries through a solvent-free electrode manufacturing process.

How much funding has AM Batteries raised?

AM Batteries has raised $56.1M across 4 rounds on record. The most recent is an undisclosed round of $2.2M announced in Jul 2024.

When did AM Batteries last raise funding?

AM Batteries' most recent funding round on record is an undisclosed round of $2.2M, announced in Jul 2024.

Who founded AM Batteries?

FundedIQ lists Heng Pan (Founder) at AM Batteries.

Who is the CEO of AM Batteries?

Yan Wang is listed as CEO at AM Batteries.

Where is AM Batteries headquartered?

AM Batteries is based in Chelmsford, Massachusetts, United States.

How many employees does AM Batteries have?

AM Batteries is in the 11-50 employee band.

How does AM Batteries' funding compare to other Consumer Electronics startups?

AM Batteries' latest round of $2.2M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.

About FundedIQ's AM Batteries Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for AM Batteries is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.