LION Smart GmbH, tester and developer of lithium-ion batteries for industrial applications, has successfully concluded its second private placement and expects closing in early 2010.
LION Smart GmbH (“LION Smart” or the “Company”), tester and developer of lithium-ion batteries for automotive applications, has successfully finished its start-up phase.
A freshly built lab has enabled lithium-ion battery tester and developer LION Smart to begin testing electric storage devices. Outfitted with the latest equipment, the new lab has 8 test channels, which means its scientists can design testing procedures with utmost flexibility.
Lithium-ion battery tester and developer LION Smart has closed its first private placement. The new financing boosts company equity and includes an injection of capital from an outside investor.