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Mercedes-backed ProLogium seeking funds at $2B value, report says

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Mercedes-Benz has signed a deal with ProLogium to develop solid-state batteries and has invested in the Taiwanese startup.
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By:
Bloomberg
May 09, 2023 11:57 AM

Taiwanese solid-state battery maker ProLogium Technology is considering raising fresh funding at a valuation of about $2 billion to ramp up growth and investments, people familiar with the matter said.

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