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Battery Tech Gets Another Boost With $65 Million Startup Bet

NanoGraf, a lithium-battery startup, has raised $65 million to help it build up its Chicago production facilities, joining a wave of investment that has poured into US battery manufacturers. 

Volta Energy Technologies and CC Industries led the round, which brings the total amount raised by NanoGraf to about $100 million, the company plans to announce Tuesday. NanoGraf declined to give its valuation.