HEST Investments Backs Valerion's New Battery Technology
The investment can reshape the current battery technology landscape.
HEST supports companies that can challenge traditional approaches in their respective industries.
HEST Investments has invested in Valerion's new battery technology to revolutionise the landscape of electric vehicles (EVs) and all battery-operated technology.
HEST Investments is a venture capital firm based in Dallas, and Valerion is a trendsetter in new and improved battery technology headquartered at The University of Michigan.
The investment was made in June 2024 and is of great importance for HEST as it aligns with its goal of supporting innovation in science and technology.
Valerion is a pioneer in making more efficient, longer-lasting, and affordable batteries with a technology to improve EVs and other battery-powered devices. The backing from HEST will help the company test and develop its technology and make it commercially viable.
Don Huffines, CEO of HEST, says Valerion's innovative approach can impact the battery technology industry and is in line with their vision of investing in technologies that reshape the world.
Jim Graham, CEO of Valerion, says the investments came at a time when they were about to advance their technology toward commercialisation.
HEST aims to support companies that challenge conventional approaches in their respective industries. Theirs is a diverse investment portfolio and is committed to helping innovators who have the potential to make a big impact.
To learn more about Valerion, click here.
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Source: PRNewswire
