Redmond, WA – According to filings with the U.S. Securities and Exchange Commission, Brightvolt is raising $29,131,489.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Todd Peters played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Brightvolt
BrightVolts mission is to improve the world through smarter battery chemistry. With a state-of-the-art Research and Development Center in Indiana and corporate headquarters in Redmond, Washington, BrightVolt is bringing superior battery products to market with a global reach. Our rechargeable solid-state batteries can power all types of applications, including hybrid and electric vehicles, consumer electronics such as smartphones, laptops, eReaders and drones, medical and wearable devices and other information technology products. Our patented Polymer Matrix Electrolyte (PME) technology allows for batteries with 25% greater energy density than other Lithium-ion batteries while at the same time making these batteries cleaner, safer and more environmentally friendly, all at a lower total cost of production.

To learn more about Brightvolt, visit http://www.brightvolt.com/

Contact:
Todd Peters, Chief Executive Officer
425-301-0436
https://www.linkedin.com/in/toddpeterswa/

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