1414 Degrees raises A$1.214 million for SiNTL development
1414 Degrees completed an oversubscribed A$1.214 million placement to fund SiNTL development and working capital.
Evidence notes
- The placement drew support from existing shareholders and new sophisticated, professional and institutional investors.
- Peak Asset Management acted as sole lead manager for the capital raise.
- Proceeds were allocated to SiNTL sample fabrication, battery-manufacturer engagement and commercial readiness.
Company context
1414 Degrees is an Australian clean-energy technology company developing silicon-based thermal energy storage and SiNTL silicon-anode battery materials for high-temperature industrial heat and UAV battery applications.