Prieto Battery Raises First Tranche of $5.7M Series C Funding

Prieto Battery, Inc.

Prieto Battery, Inc., a Fort Collins, Colo.-based developer of solid-state advanced rechargeable batteries, closed on the first tranche of its $5.7m Series C financing.

The round was led by Pilatus Capital, with participation from existing investors including Stanley Ventures.   

The company intends to use the funds to accelerate development of its proprietary 3D solid-state rechargeable lithium-ion battery.

Founded by Dr. Amy Prieto and led by Mike Rosenberg, CEO, Prieto Battery is an advanced technology company focused on the development and commercialization of advanced 3D, solid-state, lithium-ion, rechargeable batteries.