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Advanced Battery Banks New Investment

Friday, March 07, 2014 5:16:00 AM PDT | VentureDeal

   Midland, MI  --  Battery technology company Advanced Battery Concepts has raised $374,475 in new investment according to an SEC filing.

Advanced Battery has created new battery electrode technology that promises to increase battery performance at a lower cost.

Investors in the financing were not disclosed.

Advanced Battery is still seeking $2.6 million in additional financing, in minimum increments of $25,000.

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