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15 Jun
08:58

Sodium-ion battery cell firm Paragonage completes angel funding round

Chinese new energy company Shenzhen Paragonage announced it has recently completed an angel round of financing of “tens of millions of CNY” to be mainly allocated in sodium-ion battery R&D, Kallanish learns. The undisclosed proceeds will also fund business operations. The company is planning the construction of its 100-megawatt-hour trial production line, set to be put in operation by year-end. At commercial scale, the company is targeting an ini…
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