Solid Power is a Colorado-based developer of all-solid-state EV batteries. The company brought us on board to engage potential investors in Japan and China as part of its $20m Series A fundraising roadshow.
 
We engaged 200 companies before taking Solid Power to meet a shortlist of 40 over two weeks in Asia.
 
We ultimately secured an investment of $4m from Sanoh Industrial, a Japanese producer of powertrain and fuel injector technologies.

Teconnex appointed us to understand the commercial opportunities in China and secure customers to underpin potential investment in a local manufacturing plant.
 
We met all the key target customers and we developed a business strategy, including detailed revenue targets and an outline of what it would take to achieve significant sales. In parallel to executing the strategy, we identified, vetted and negotiated commercial terms with a JV manufacturing partner.
 
We signed several long-term supply deals worth tens of millions of dollars, helped the JV hire a General Manager and Head of Sales, and continue to support the JV in an advisory role.

Ceramex tasked us with researching the growing Japanese heavy-duty diesel market to understand the opportunities for its Diesel Particulate Filter (DPF) cleaning services.
 
We engaged Japan’s leading manufacturers of heavy-duty vehicles and repair & maintenance service providers, uncovering significant interest in Ceramex’s technology from end-customers and potential partners. We reduced a shortlist of 40 candidates to two companies, and accompanied the senior management teams of each on visits to Ceramex’s UK facility.
 
We negotiated and concluded a JV agreement, and the Japanese entity is now fully operational and offering DPF cleaning services throughout Japan.