Emeryville, California-based battery manufacturing intelligence company, Liminal, has raised $17.5 million in a Series A2 funding round, led by ArcTern Ventures, with support from new investors Northvolt and Ecosystem Integrity Fund, and continued support from existing investors. The funding will be used to scale Liminal’s EchoStat® inspection systems for battery manufacturers, with a focus on providing safe, reliable and more affordable electric vehicle (EV) batteries.
Liminal CEO and Co-Founder, Andrew Hsieh, stated that the company’s mission is to promote a clean energy future in which EVs are the preferred option for everyone. The funding will also support product industrialization, team growth, and international expansion, as Liminal aims to be at the forefront of revolutionizing the battery manufacturing industry.
ArcTern Partner and U.S. Department of Energy C3E award winner Mira Inbar will join Liminal’s Board of Directors. Inbar has a long history in the clean energy sector and recognizes the need for a larger focus on process and manufacturing innovations in the battery industry to ensure both affordability and safety. She views Liminal as the only company bridging this critical gap.
Northvolt co-founder and COO, Paolo Cerruti, added that Northvolt’s participation in this funding round will contribute to the scale-up and industrialization of Liminal’s solutions, with the ultimate goal of accelerating the transition to a sustainable and electrified society.
Liminal’s EchoStat platform, launched in 2022, is an automated, high-speed ultrasound inspection solution designed specifically for EV-grade batteries. By providing manufacturers with previously unavailable insights, the platform aims to commercialize and reduce time to market.
With its focus on improving battery performance and safety, Liminal is poised to become a key player in the battery manufacturing industry as it moves towards a more sustainable future.