Valkyrie Fund Announces Portfolio Company Milestones and New Podcast Series

Valkyrie Fund, a venture capital firm, recently shared updates on notable advancements within its portfolio. Chemix, Inc., a GenAI-driven EV battery developer, completed a $20 million Series A funding. Participants included Ibex Investors and partners such as BNP Paribas Solar Impulse Venture Fund and Porsche Ventures. This funding aims to enhance electric vehicle battery technology using GenAI.

Feon Energy, Inc., focusing on innovative battery chemistries, raised $6.1 million in its initial funding round. This supports their development of batteries that are lighter, safer, and more economical. Valkyrie Fund, as the initial backer of Feon, praised their groundbreaking work in battery technology.

Apart from investment updates, Valkyrie Fund has launched a podcast series titled "Beyond Investment - Valkyrie Insights." The series will feature insights from emerging startups in various sectors. The Fund also announced the commencement of fundraising for its new venture, Fund II, aimed at empowering visionary entrepreneurs in technology.