24M Technologies Revenue and Competitors
Estimated Revenue & Valuation
- 24M Technologies's estimated annual revenue is currently $47.2M per year.
- 24M Technologies's estimated revenue per employee is $225,750
- 24M Technologies's total funding is $526M.
- 24M Technologies's current valuation is $1.3B. (September 2024)
Employee Data
- 24M Technologies has 209 Employees.
- 24M Technologies grew their employee count by -2% last year.
24M Technologies's People
| Name | Title | Email/Phone |
|---|---|---|
1 | CEO and President | Reveal Email/Phone |
2 | Executive Chairman & Co-Founder | Reveal Email/Phone |
3 | Co-Founder & Chief Scientist | Reveal Email/Phone |
4 | Chief Financial Officer | Reveal Email/Phone |
5 | VP, Business Development | Reveal Email/Phone |
6 | VP, Advanced R&D | Reveal Email/Phone |
7 | Senior Director, Global Quality | Reveal Email/Phone |
8 | Senior Director, Advanced Manufacturing | Reveal Email/Phone |
9 | Director Engineering Operations | Reveal Email/Phone |
10 | Director Compliance & Corporate Counsel | Reveal Email/Phone |
24M Technologies Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $5.5M | 33 | 14% | N/A | N/A |
#2 | $5M | 30 | 0% | N/A | N/A |
#3 | $10.8M | 57 | 4% | N/A | N/A |
#4 | $13.4M | 71 | 15% | N/A | N/A |
#5 | $11.3M | 60 | -6% | N/A | N/A |
#6 | $36.3M | 157 | 6% | N/A | N/A |
#7 | $37.7M | 163 | 8% | N/A | N/A |
#8 | $55.4M | 240 | 6% | N/A | N/A |
#9 | $37.7M | 163 | 19% | N/A | N/A |
#10 | $6.6M | 39 | 0% | N/A | N/A |
What Is 24M Technologies?
24M is solving the grand challenge of energy storage with the invention of a semisolid lithium-ion battery cell, a revolutionary technology for the architects of our energy future. 24M answers the world's need for affordable energy storage by enabling a new, cost-effective version of the lithium-ion battery – powered by semisolid lithium-ion technology. By upending the design of the battery cell, as well as how the batteries are made, the company solves the critical, twenty-five-year-old challenge associated with the world's preferred form of energy storage: reducing its high cost while maintaining its strengths.
keywords:Clean Technology
$526M
Total Funding
209
Number of Employees
$47.2M
Revenue (est)
-2%
Employee Growth %
$1.3B
Valuation
N/A
Accelerator
24M Technologies News
24M announced today it has raised a $56.8 million Series E to commercialize its simple, capital-efficient, low-cost SemiSolidTM manufacturing process and expand its technology development programs for grid storage and electric vehicle applications. The financing was led by global trading compan ...
Cambridge, Massachusetts-based startup 24M has announced that it has raised $21.8 million in Series D funding to accelerate its low-cost manufacturing process and development of its high energy density lithium-ion cells for electric vehicles. This round of funding was led by Kyocera Group and IT ...
It has been quiet around the A123 spin-off 24M that had promised to deliver cheaper, semi-solid batteries by doing away with inactive materials in the electrodes. Now the company has received a 22 million dollar funding push and will build a small commercial plant beginning next year. 24M had s ...
Other Companies in Cambridge
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $49.4M | 209 | 22% | $507M |
#2 | $68.4M | 212 | 0% | $29.3M |
#3 | $55.8M | 212 | 3% | $300M |
#4 | $23.8M | 212 | 10% | N/A |
#5 | $32.9M | 212 | -21% | $490M |