Primavera Capital Invests In Solid State Battery Maker Prologium To Further Advance Carbon Neutrality
BEIJING, Oct. 29, 2021 /PRNewswire/ — Primavera Capital Group (“Primavera”) announced an investment in ProLogium Technology Co., Ltd. (“ProLogium”), the world’s leading solid-state battery (“SSB”) maker. In the latest round of financing, ProLogium has raised US$326 million from investors that also include dGav Capital and SoftBank China Venture Capital. The capital will allow ProLogium to expand its mass production of solid lithium batteries in Asia, Europe and the U.S. over the next five years....