Feasible, Inc., an Emeryville, California-based battery analytics product provider, received an investment from Chrysalix Venture Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2015 by Dr. Andrew Hsieh, CEO, Feasible provides a platform that uses an acoustic technique combined with proprietary data analytics software to provide real-time monitoring of the physical characteristics of batteries, across the value chain, to discover battery-related challenges and pain points in multiple industries driving the energy transition, including automotive (EVs), grid scale storage and consumer electronics.
The company is headquartered in Emeryville, California, following their residence in the Cyclotron Road program.
Chrysalix made the investment via the Chrysalix RoboValley Fund.