South Korean Nesscap Raises $9M

Nesscap Inc., a South Korean ultracapacitor manufacturing and power storage solutions company, closed a $9m bridge financing round.
The round was led by a London-based venture capital fund, I2BF Venture Capital, with the participation from other local and international co-investors.
Nesscap will use the funds to expand its manufacturing and production capabilities, for working capital and general purposes.

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