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EV battery startup QuantumScape seeks to raise $859M to fund expansion

QuantumScape lab.jpg
QuantumScape is among a group of companies developing solid-state batteries -- an innovation that could dramatically speed up EV adoption. (Bloomberg)
B
By:
Bloomberg
March 23, 2021 12:04 PM

QuantumScape, an EV battery startup that went public via a reverse merger, said it’s seeking to raise as much as $859 million to fund expansion of a battery pilot line.

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