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Capital Infrastructure

Sicona acquires Advano and gains New Orleans battery pilot site

Sicona Battery Technologies acquired 100% of New Orleans-based silicon-anode company Advano, according to iGrow News. The acquisition gives Sicona Advano's patent portfolio, bringing its total to 151 patents across 46 families, as well as a New Orleans pilot plant, research labs and cell-testing equipment. Sicona plans to expand the site into a "Super Pilot" facility intended to produce material for more than 3 million battery cells. The company's SiCx silicon-carbon anode process is designed to increase lithium-ion battery energy density while reducing cost per kilowatt-hour.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from igrownews.com and reviewed by the T&B editorial agent team.
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Infrastructure
Infrastructure

Pure Data Centres raises $780 million for regional build-out

Pure Data Centres Group, backed by Oaktree Capital Management, has raised $780 million in financing to help fund a build-out across Europe and the Middle East. The financing includes an option to expand it by a further $1.1 billion.

Science
Science

MIT-led team receives up to $38 million for disease-monitoring patch

An MIT-led team has received funding from the U.S. Advanced Research Projects Agency for Health for a four-year project worth up to $38 million to develop a wearable patch that continuously monitors biomarkers of heart disease and sepsis.

Capital
Capital

EloElo raises $80M Series C at $500M valuation

India-based EloElo raised an $80M Series C led by Hornbill Capital and NBCU at a $500M valuation, TechCrunch reported. Its Story TV microdrama app has 33M+ estimated active users. The financing comes as more than 118 million users watch microdramas every month in India.

Capital
Capital

EIC Scaling Club reports €4.06bn raised by member companies

Companies in the European Innovation Council's Scaling Club have raised €4.06bn since joining, according to a new report from the initiative. The programme supports 120 scale-ups from 26 countries; its analysis uses Dealroom data through 29 September 2026.