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Octet Scientific, Inc. Secures $1 Million in Funding from Prominent Investors.

Octet Scientific, Inc. Secures $1 Million in Funding from Prominent Investors.

April 28, 2023

Cleveland, Ohio – Octet Scientific, Inc., a specialty chemical manufacturer specializing in electrolyte chemistry for zinc and other aqueous batteries, has announced today that it has raised $1 million in funding from some of the most prominent investors in the industry. The funding round's details were not disclosed.

Octet Scientific, Inc. was founded by Onas Bolton, a seasoned entrepreneur with a passion for developing technologies that can provide sustainable solutions to global challenges. The company is located in Cleveland, Ohio, where it conducts its operations, research, and development activities.

Octet Scientific, Inc. is committed to unlocking the full potential of safe, economical, and sustainable energy storage by producing better electrolyte chemistry for zinc and other aqueous batteries. Through its unique expertise in electrochemistry and organic molecular design, the company produces superior electrolyte additives specifically made for zinc and other aqueous batteries.

The company's scalable, drop-in chemical technologies provide instant battery performance improvements, giving its customers a competitive edge in the energy storage markets of today and tomorrow. The funding raised will be used to enhance the company's research and development capabilities, expand its product portfolio, and accelerate its growth strategy.

"We are excited to have secured this funding, which will enable us to bring our innovative solutions to the market faster," said Onas Bolton, Founder of Octet Scientific, Inc. "We believe that our technology has the potential to revolutionize the energy storage industry and provide sustainable solutions to the world's growing energy needs."

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