Venture Capital Funding Rounds for SolarBio Energy provide opportunities for global expansion

Santiago, Metropolitana de Santiago Mar 21, 2022 (Issuewire.com) - Chile-based SolarBio Energy secured a huge investment from major Asian private equity companies at the beginning of the year from its seed round of funding which totaled in a US $17 Million Round and is now looking at a new round of funding led by Core-Asset Wealth Management with a target of US $90 Million.

The investment will be a help to fund the development of new solid-state lithium batteries that could potentially not only deliver twice as much energy for their size, they also could virtually eliminate the fire hazard associated with today's lithium-ion batteries.

These funds will be allocated towards the purchase of SolarBio's new production site and equipment installation costs. With fund-raising efforts primarily focused on retail & institutional investors, SolarBio is observing significant interest and steady mobilisation of fiat currencies into Cryptocurrencies.

According to Core-Asset, while in the midst of a volatile ICO market often plagued by fraud and illegitimacy, SolarBio has been able to demonstrate to its institutional investors a unique framework of self-governance in addition to government regulations and processes imposed upon the waste and energy industries collectively.

"With a global plan to scale this localised solution addressing the waste surplus and the energy shortfall crisis, SolarBio will not only revolutionise the energy sector but also provide a whole new scope of products for the technology industry with longer-lasting and safer batteries and storage," said the COO David Ochinto.

For more information visit https://solarbioenergy.com/investor-relations/news/new-funding-rounds-solarbio-energy.html

Media Contact

SolarBio Energy

[email protected]

+56 227 533 817

90 Orinoco Street, Las Condes

https://solarbioenergy.com