Well partnered (and well-funded) with key battery suppliers, Nano One charges forward on ‘Mission Possible’…
April 10, 2020
By Matthew Bohlsen
For companies that are not yet producing revenues, the threat of running out of funding is a significant business risk. As the COVID-19 disruption deepens and some companies run low on cash, Nano One Materials has secured an additional $11 million in funding which will provide them with “a multi-year runway extending over three years.” This essentially removes the short-term funding risk making the stock a safer buy for investors.