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Sonocharge Energy Announces US$23.5M round with participation from Honda, Cycle Capital and current investors Khosla Ventures and Temasek

Sonocharge Energy Announces US$23.5M round with participation from Honda, Cycle Capital and current investors Khosla Ventures and Temasek

February 10, 2025 Craig Etkin

MOUNTAIN VIEW, Calif., Jan. 22, 2025 /PRNewswire/ — Sonocharge Energy – an innovative tech company enabling the world’s batteries to last longer, charge faster and be safer – today announced $23.5M financing round led by ClimateTech venture capital firm Cycle Capital, with participation of Honda, current investors Khosla Ventures, Temasek, and non-dilutive funding partners.

“Sonocharge Energy is the first investment out of our Fund V, a venture growth fund focused on electrification, power electronics and photonics. We’re thrilled to partner with Honda, Khosla Ventures and Temasek to support the company through its growth phase as it is accelerating the commercialization of its solutions in a wide range of applications,” said Andrée-Lise Méthot, Founder and Managing Partner at Cycle Capital. “As we’re actively looking at deploying $350M in the ClimateTech sector in the next few years, Sonocharge Energy is an exemplary case of how technology can facilitate electrification by improving performance and scale its deployment.”

“Sonocharge Energy has an innovative technology that enables longer battery life and faster charging. This technology uses acoustic waves to significantly increase the charge cycle life of batteries, and Honda has high hopes for its potential. To Honda, this is a useful technology as longer battery life will help to reduce environmental impact and improve convenience for EV users. Honda will continue to discover, collaborate with, and invest in innovative ventures such as Sonocharge Energy through Honda Xcelerator Ventures1, our global program for open innovation,” said Manabu Ozawa, Managing Executive Officer of Honda Motor Co., Ltd.

“We are pleased to see Cycle Capital and Honda join our current investor syndicate.” said An Huang, CEO of Sonocharge Energy. “We’re grateful to be supported by such a strong group of investors that bring invaluable resources, experience, and commercial partnerships crucial to scaling our company. This funding will enable us to advance core R&D, and work closely with our customers to optimize for their specific use case and prepare for manufacturing.”

This marks an important milestone for the company and comes on the heels of customer-funded lab tests demonstrating significantly improved performance with lithium-ion batteries using Sonocharge Energy’s technology. This new funding will enable the company to grow its team in its new location in Silicon Valley and accelerate the commercial deployment of its solutions with key EV and battery manufacturers to extend the range and performance of batteries.

About Sonocharge Energy

Sonocharge Energy, Inc is developing a platform solution to improve battery performance with acoustic wave induced electrolytic motion to overcome charging performance and improve safety in lithium batteries. The novel technology provides a reduced-cost solution that extends battery life for e-mobility and various energy storage applications. For more information on the company visit: https://www.sonochargeenergy.com.

About Cycle Capital

Cycle Capital is a leading Climatetech venture capital platform scaling impactful, sustainable innovation. Founded in 2009, Cycle Capital invests across North America and Europe in growing companies commercializing solutions to the major ecological challenges and contributing to a net-zero transition. Cycle Capital is the founder of Cycle Momentum Accelerator + Innovation Engine. Cycle Capital has developed an ESG and impact assessment methodology integrated into the investment workflow from the pre-investment phase to the exit of the portfolio company. For more information on Cycle Capital, visit: cyclecapital.com.

About Honda

Established in 1948, Honda is a global mobility company with its head office in Tokyo. To realize a sustainable and safe society, Honda seeks to achieve zero environmental impact and zero traffic collision fatalities involving Honda motorcycles and automobiles by 2050. Besides providing motorcycles, automobiles, power products, aircraft, and other products and services, Honda will explore diverse future strategies toward achieving its goals, such as through investment in outstanding startups.

____________________
1 *Honda Xcelerator Ventures is Honda’s global open innovation program designed to facilitate collaboration between startups and Honda. The program is driven at the global level by Honda Innovations Co., Ltd., a subsidiary of Honda Motor Co., Ltd.

SOURCE Sonocharge Energy, Inc

Copyright © 2025 Cision US Inc.


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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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