Skeleton Technologies recently closed a €108 million funding round that includes Siemens Financial Services (SFS), Marubeni Corporation and other investors. This funding will accelerate the development of next-generation products and finance the manufacturing expansion for supercapacitors and the company’s new high-power battery technology – the SuperBattery.
Skeleton Technologies’ CEO and Co-Founder, Taavi Madiberk, said: "Securing an investment from one of Europe's largest tech companies is a significant milestone for Skeleton. In addition to SFS’ investment, Siemens is also a key partner, supplier, and customer. Their expertise in industrialization and commercial partnerships will propel our growth and solidify our role in leading the energy transition”.