Libest battery maker Korea website and company info public or private company
Thought for 16s
LiBEST Inc. is a South Korean deep-tech company specializing in lithium-ion battery solutions, particularly flexible batteries designed for wearable devices, HMDs, smartwatches, and other applications that require high physical stress endurance and design innovation. It focuses on research, development, manufacturing, and providing tailored battery solutions, including performance analysis and certification consulting.The company was founded in 2016 and is headquartered at 193 Munji-ro, Yuseong-gu, Daejeon, South Korea.
cbinsights.com
Its CEO is Elon Kim.
einpresswire.com
LiBEST has raised funding, including a corporate minority round of $810K in 2018, totaling around $6.16M.
I like the LOI between Libest and Amprius but LOIs tend not to hold weight to them because something could happen and 1 mil production can dwindle to 200,000 a year. The LOI only means it's Libest's intent to do 1 mil. My post here isn't meant to hurt the strength of this LOI, but I have seen many LOIs with companies that I've invested in and sometimes the LOI doesn't hold up...something usually happens with the strength of a LOI.