Sonocharge Secures $23.5 Million in Series A Funding
Deal News | Mar 27, 2025 | Goodwin
Sonocharge Energy, Inc., a company innovating in battery technology, has raised $23.5 million in Series A funding led by Cycle Capital, with participation from Honda, Khosla Ventures, Temasek, and more. The financing will support Sonocharge's expansion in Silicon Valley and boost the rollout of its solutions tailored to enhance battery performance in electric vehicles (EVs) and energy storage. The company utilizes acoustic wave technology to advance charging efficiency and battery safety. Advisor Goodwin Procter LLP managed the transaction, with the mandate led by lawyers Andrew Sparks, David Brekke, and others.
Sectors
- Renewable Energy
- Venture Capital
- Automotive
- Legal Services
Geography
- United States – Sonocharge Energy is expanding in Silicon Valley, a major hub for technology and innovation in the US.
- Canada – Cycle Capital, a leading investor in the deal, is based in Canada.
- Japan – Honda, a notable participant in the funding, is headquartered in Japan.
- Singapore – Temasek, one of the current investors involved in the funding round, is based in Singapore.
Industry
- Renewable Energy – The article discusses Sonocharge's development of battery solutions that improve energy storage and efficiency, relevant to renewable energy applications.
- Venture Capital – The article is centered around a Series A funding round, a key component of venture capital industry.
- Automotive – The focus on electric vehicle and battery manufacturers connects this development to the automotive industry.
- Legal Services – Goodwin Procter LLP is a legal advisory firm involved in facilitating the financing deal for Sonocharge.
Financials
- $23.5 million – The amount raised by Sonocharge Energy in its Series A financing round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sonocharge Energy, Inc. | Target Company | Company | A company developing innovative technology to improve battery performance. |
| Cycle Capital | Lead Investor | Company | A Canadian venture capital firm leading the Series A funding round. |
| Honda | Investor | Company | Japanese automotive company participating in the funding round. |
| Khosla Ventures | Investor | Company | Existing investor participating in the funding round. |
| Temasek | Investor | Company | Singapore-based investor involved in the funding round. |
| Goodwin Procter LLP | Legal Advisor | Company | An international law firm advising Sonocharge on its financing. |
| Andrew Sparks | Legal Advisor | Person | Lead counsel from Goodwin providing legal advice during the deal. |
| David Brekke | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |
| Carson Williams | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |
| Barzin Pakandam | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |
| Kelly Carson | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |
| Emma Conger | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |
| Christian Donath | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |
| Cristina Provencio | Legal Advisor | Person | Member of the Goodwin team advising Sonocharge on the deal. |