PRESS RELEASE
25 April 2024

Foley Hoag Represents Alsym Energy In $78m Funding Round

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Foley Hoag LLP
Contributor
Foley Hoag provides innovative, strategic legal services to public, private and government clients. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse experiences of our lawyers contribute to the exceptional senior-level service we deliver to clients.
Foley Hoag LLP represented Alsym Energy, a developer of rechargeable batteries intended for applications such as stationary storage, maritime shipping and electric vehicles, in its $78 million...
United States
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Foley Hoag LLP represented Alsym Energy, a developer of rechargeable batteries intended for applications such as stationary storage, maritime shipping and electric vehicles, in its $78 million funding round jointly led by Tata Limited and General Catalyst, with additional funding by Thrive Capital, Thomvest and existing investor Drads Capital.

Alsym Energy will use the funds to grow its Boston-area team and expand its prototyping and pilot lines to address increasing demand for customer samples - reinforcing the growing interest in high-performance, inexpensive non-flammable battery technologies.

The Foley Hoag team representing Alsym Energy included attorneys Mark Haddad, Jason Roche and Lexi Stacy.

PRESS RELEASE
25 April 2024

Foley Hoag Represents Alsym Energy In $78m Funding Round

United States
Contributor
Foley Hoag provides innovative, strategic legal services to public, private and government clients. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse experiences of our lawyers contribute to the exceptional senior-level service we deliver to clients.
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