Safire Group Secures $8M to Enhance Battery Safety

Safire Group Secures $8 Million to Enhance Lithium-Ion Battery Safety

Safire Technology Group, a pioneer in lithium-ion battery safety technology, has successfully raised $8 million in a pre-Series A funding round. This round was led by Canaan Partners and saw participation from several investment firms, including Correlation Ventures, Higher Life Ventures, Ajinomoto, Automotive Ventures, Outpost Ventures, Potomac Angel Capital, and MaC Venture Capital. With this new investment, the company's total funding now stands at $11 million.