
Oklo Advances Aurora Project Under DOE Risk Reduction Program
Rechargeable battery start-up EnerVenue secured $300 million in financing and appointed a new CEO to scale its next-generation battery technology, with plans for a Hong Kong hub. Separately, Oklo (OKLO) is advancing its Aurora Project under the Department of Energy's Risk Reduction Program, focusing on nuclear energy development.
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EnerVenue plugs into US$300 million to scale next-gen batteries as it eyes Hong Kong hub
EnerVenue – a rechargeable battery start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit – has raised US$300 million in its latest round of financing and appointed a new CEO to accelerate the large-scale industrial deployment of its cutting-edge energy storage technology. The California-based company – which also counts government-backed Hong Kong Investment Corporation (HKIC) as an investor – said it would set up a regional headquarters in the cit...
By Daniel Ren
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