Silatronix of Madison has raised $4 million to help support the technology company’s work to develop a better electrolyte for batteries.
A combination of strategic investors from Japan and company insiders are participating in the latest round, said CEO Mark Zager.
As of this week, Silatronix has raised $4 million out of a total of $7 million it’s seeking. The financing was disclosed in a pair of filings with securities regulators.
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