Romeo Power Closes $30M Seed Financing; Ramps Battery Pack Production for EVs and Stationary Storage

Los Angeles-based Romeo Power has raised $30 million in seed funding as it ramps up production of its lithium-ion battery packs for EVs and stationary storage applications and finalizes installation of a fully automated 113,000-square-foot manufacturing facility in Vernon, California, south of downtown L.A. Romeo Power’s modular battery packs – comprised of cylindrical lithium-ion cells – […]