- Ateios, a Newberry, Ind.-based maker of paper-thin customizable battery, raised $1.25M in seed funding
- The round was led by Good Growth Capital
- The company intends to use the funds to meet customer demand and take their technology to scale
- Founded by Rajan Kumar, PhD, CEO, and fellow graduate student Carlos Munoz, Ateios has developed a flexible, paper-thin customizable battery
- Ateios relocated earlier this year to the Battery Innovation Center located outside of Bloomington, Indiana
- The funding round follows the receipt of Phase I SBIR funding from the National Science Foundation and graduation from The Heritage Group Accelerator powered by Techstars
